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Should the United States Levy a Value-Added Tax for Deficit Reduction?

Description: Report that discusses the levying of a value-added tax (VAT), a broad-based consumption tax, to potentially assist in resolving United States fiscal problems. It considers the experiences of the 29 nations with value-added taxes (VATs) in the 30-member Organization for Economic Cooperation and Development (OECD) which are relevant to the feasibility and operation of a possible U. S. VAT.
Date: January 21, 2011
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

An Overview of Major Tax Proposals in the President's FY2012 Budget

Description: The Obama Administration released the President's FY2012 budget proposal on February 14, 2011. According to the Administration's estimates, the tax proposals in the budget would increase revenues $280 billion over the next 10 years. This report provides a broad overview of the provisions included in the President's FY2012 budget request.
Date: March 17, 2011
Creator: Keightley, Mark P.; Bickley, James M.; Guenther, Gary; Hungerford, Thomas L.; Maguire, Steven; Marples, Donald J. et al.
Partner: UNT Libraries Government Documents Department
open access

Tax Reform: An Overview of Proposals in the 112th Congress

Description: This report primarily covers fundamental tax reform. CRS reports are available online concerning the other three categories of tax reform: tax reform based on the elimination of the individual alternative minimum tax (AMT), proposals for reforming the corporate income tax, and proposals for reforming the U.S. taxation of international business.
Date: January 14, 2011
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

Should the United States Levy a Value-Added Tax for Deficit Reduction?

Description: This report discusses the levying of a value-added tax (VAT), a broad-based consumption tax, to potentially assist in resolving United States fiscal problems. It considers the experiences of the 29 nations with value-added taxes (VATs) in the 30-member Organization for Economic Cooperation and Development (OECD) which are relevant to the feasibility and operation of a possible U.S. VAT.
Date: March 22, 2011
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

The Federal Excise Tax on Gasoline and the Highway Trust Fund: A Short History

Description: This report discusses Excise taxes that have been long a part of our country's revenue history. It also discusses about the Highway Revenue Act of 1956 that establishes the federal Highway Trust Fund for the direct purpose of funding the construction of an interstate highway system.
Date: November 3, 2011
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

Federal Credit Reform: Implementation of the Changed Budgetary Treatment of Direct Loans and Loan Guarantees

Description: This report is to explain the provisions of the Federal Credit Reform Act (FCRA), examine the implementation of credit reform including credit reform provisions of the Balanced Budget Act of 1997 (BBA97), and discuss proposed modifications of credit reform. In order to achieve these objectives, it is necessary to initially discuss justifications for credit programs, federal credit concepts, and the budgetary treatment of federal credit before the FCRA.
Date: June 24, 2008
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

U.S. Motor Vehicle Industry: Federal Financial Assistance and Restructuring

Description: This report focuses on the current situation faced by the Detroit 3, key aspects of their current crisis, including possible consequences of a failure of one or more companies, and some aspects of legislative actions that have been considered to bridge their financial conditions to a more stable situation.
Date: May 29, 2009
Creator: Canis, Bill; Bickley, James M.; Chaikind, Hinda; Pettit, Carol A.; Purcell, Patrick; Rapaport, Carol et al.
Partner: UNT Libraries Government Documents Department
open access

Certain Temporary Tax Provisions Scheduled to Expire in 2009 (“Extenders”)

Description: This report discusses numerous temporary tax provisions exist in the tax code. Often referred to as “extenders,” these provisions were originally enacted with an expiration date that has then been temporarily extended, in some cases numerous times.
Date: September 8, 2010
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

Tax Gap: Administration Proposal to Require Information Reporting on Merchant Payment Card Reimbursements

Description: The high current and forecast budget deficits as well as pay-as-you-go (PAYGO) procedures have resulted in congressional and executive branch interest in raising additional revenue through proposals for improved tax compliance. The Bush Administration’s FY2009 budget includes a proposal (the proposal) to require each payment card processor to inform the IRS on the net dollar amount paid to reimburse each merchant (i.e., seller) for his payment card receipts in a calendar year. Payment cards con… more
Date: April 28, 2008
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

Tax Reform: An Overview of Proposals in the 111th Congress

Description: This report primarily covers fundamental tax reform by discussing background and proposals for review during the 111th Congress. It includes sections about fundamental tax reform, the relationship between income and consumption, what should be taxed, types of broad-based consumption taxes, international comparisons, other types of fundamental tax reform, legislative proposals and other legislation, and sections looking at other specific kinds of taxation.
Date: March 19, 2010
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

Federal Credit Reform: Implementation Of the Changed Budgetary Treatment of Direct Loans and Loan Guarantees

Description: This report explains the provisions of the Federal Credit Reform Act of 1990 (FCRA), examine the implementation of credit reform including credit reform provisions of the Balanced Budget Act of 1997 (BBA97), and discusses proposed modifications of credit reform. In order to achieve these objectives, it is necessary to initially discuss justifications for credit programs, federal credit concepts, and the budgetary treatment of federal credit before the FCRA.
Date: April 25, 2006
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

Tax Gap: Proposals in the 110th Congress to Require Brokers to Report Basis on Publicly Traded Securities

Description: Recent and projected large deficits and the need for revenue to offset spending or tax reduction proposals generated congressional and executive branch interest in different proposals to reduce the tax gap; and consequently, raise additional revenue. Proposals in the 110th Congress to require brokers to report adjusted basis on publicly traded securities sold by individuals are examined in this report.
Date: October 8, 2008
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

Tax Code Termination Act: A Fact Sheet

Description: This report discusses the Tax Code Termination Act, which would “sunset” (repeal) the Internal Revenue Code of 1986 on December 31, 2002 and would require that any new federal tax system that is adopted be approved not later than July 4, 2002.
Date: August 12, 1998
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
open access

Tax Gap and Tax Enforcement

Description: This report defines tax gap concepts, explains the methodology used to calculate the tax gap, examines the relationship between the tax gap and enforcement, and briefly discusses the Internal Revenue Service's (IRS's) strategy to reduce the gross tax gap.
Date: February 16, 2007
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
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