John Diamond, Edward A. and Hermena Hancock Kelly Fellow in Public Finance, outlines the urgent need for U.S. tax reform in a Dec. 19, 2010, Houston Chronicle op-ed. One potential reform strategy -- proposed in a recent National Commission on Fiscal Responsibility and Reform report -- involves lowering taxes and reducing tax expenditures, he writes. While the report failed to win enough commission votes to be sent to Congress, it received widespread bipartisan support. "Whatever pathway we choose," Diamond said, " it is critical that we implement a broad-based, low-rate tax system that is designed to increase economic growth."
Anaeze C. Offodile II
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Rachel A. Meidl
Sep 22 2020 | Center for Energy Studies