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Tax Policy: Revenue Generation, Social Engineering, and Economic Development
Last modified: 2018-01-10
Abstract
Currently Congress is wrestling with a significant overhall in the United States Tax Code. Â Over the years the US Tax Code has become increasingly complicated and difficult to understand. Â This paper will discuss the tax policy the revenue generation component, social engineering within the tax code, "corporate wellfare", and economic development. Â In this discussion, alternative methodists of raising revenue will be explored. Â The paper will also address some of the more ovvious social engineering components, selective "corporate welfare issues, and how tax provisions encourage or discourage economic development. Â The paper will also exam regressive provissions in the current code and alternative revenue generation options.
Keywords
Tax Policy, Economic Justice