Finance Committee explores tax reform
The Senate Finance Committee last month held its second hearing on reforming the U.S. tax code.
The Senate Finance Committee last month held its second hearing on reforming the U.S. tax code. Proposals from testifying witnesses included moving toward a consumption tax structure and the general idea of a flat tax. Additional hearings on tax reform are planned; a hearing is planned for June 5 to focus on business taxation. For details of last month’s committee hearing, visit finance.senate.gov/sitepages/hearing051308.htm.
Learn more about reprints and licensing for this article.
