Tax Blog

Last Tuesday, Senators Ron Wyden (D-Ore.) and Judd Gregg (R-N.H.) released a proposed tax reform bill (the "Bipartisan Tax Fairness and Simplification Act of 2010") that has received substantial press coverage. For some initial reactions, see here, here, and here.  As much for the apparent bipartisanship of its origins, the bill has received attention for the boldness of its proposals.  Many commentators have likened the Wyden-Gregg alliance to the Reagan-Bradley pairing that ushered in the Tax Reform Act of 1986.  Like its nearly 25-year-old predecessor, the current proposal ...