Romney’s Conflicting Tax Goals Make Burden Shift Likely

Bloomberg’s Richard Rubin cites Hamilton Project data showing the impacts of reducing income tax rates on revenues and progressivity of the tax schedule. To reduce the top tax rate to 23 percent and still generate revenue, nearly every single tax break would need to be eliminated. The data comes from a document being released tomorrow “A Dozen Economic Facts About Tax Reform.” The document will be released at a tax policy forum in Washington, DC. A few seats remain at the event -- event information and registration are available here.