Tax Reform Hearings of the 112th Congress

Below are links to these hearings, categorized as follows:

• Table comparing concepts, principles, proposals and items analyzed from reports of President Obama' Administration
• White House and Treasury Department, The President's Framework for Business Tax Reform, Feb 2012
• OMB, Living Within Our Means and Investing in the Future - The President�s Plan for Economic Growth and Deficit Reduction, Sept. 2011
• President Obama's State-of-the Union address (2011)
• Links to "Greenbooks" for current and past years - here.     (President's tax proposals that are inluded in the budget proposals)
• President Obama's Deficit Commission - here      
• President Obama's PERAB tax panel report - here

• JCT Tax Expenditure reports

• JCT, Present Law and Historical Overview of the Federal Tax System (JCX-1-11; 1/18/11)

• CRS, The Corporate Income Tax System: Overview and Options for Reform, by Keightley and Sherlock, 9/13/12

• CRS, The Challenge of Individual Income Tax Reform: An Economic Analysis of Tax Base Broadening, by Jane G. Gravelle and Thomas L. Hungerford, 3/22/12

• GAO, Opportunities to Reduce Potential Duplication in Government Programs, Save Tax Dollars, and Enhance Revenue (3/3/11) + report

• CBO, Reducing the Deficit: Spending and Revenue Options (March 2011)

Tax Reform and Budget Issues in General

• 9/20/12 - SFC and HWM - Tax Reform and the Tax Treatment of Capital Gains

  • JCT and CBO, New Evidence On The Tax Elasticity Of Capital Gains: A Joint Working Paper Of The Staff Of The Joint Committee On Taxation And The Congressional Budget Office, 6/15/12

  • JCT, Present Law And Background Information Related To The Taxation Of Capital Gains, 9/14/12

• 8/1/12 - SFC - Tax Reform: Examining the Taxation of Business Entities

  • JCT, Selected Issues Relating To Choice Of Business Entity, 7/27/12

• 7/25/12 - SFC - Education Tax Incentives and Tax Reform

  • JCT report - Background And Present Law Relating To Tax Benefits For Education (JCX-62-12)

  • Testimony of the AICPA submitted for the written record

• 7/19/12 - HWM - Tax Reform and the U.S. Manufacturing Sector

  • JCT, Background And Present Law Relating To Manufacturing Activities Within The United States, 7/17/12

• 7/10/12 - SFC - Boosting Opportunities and Growth Through Tax Reform: Helping More Young People Achieve The American Dream

  • Professor Nellen's testimony submitted for the written record  (GPO report, page 162)

• 6/27/12 - HWM - How Welfare and Tax Benefits Can Discourage Work

• 6/8/12 - HWM - Framework for Evaluating Certain Expiring Tax Provisions

• 5/15/12 - SFC - Tax Reform: What It Could Mean for Tribes and Territories

  • JCT, Overview Of Federal Tax Provisions And Analysis Of Selected Issues Relating To Native American Tribes And Their Members, 5/14/12

• 4/25/12 - SFC - Tax Reform: What It Means for State and Local Tax and Fiscal Policy

  • JCT, Present Law And Background Information Related To State And Local Government Finance, 4/23/12

• 3/6/12 - SFC - Tax Reform Options: Incentives for Capital Investment and Manufacturing

• 2/8/12 - HWM - Interaction of Tax and Financial Accounting on Tax Reform

• 1/31/12 - SFC - Extenders and Tax Reform: Seeking Long-Term Solutions

• 12/6/11 - SFC and HWM - Tax Reform and the Tax Treatment of Financial Products

• 11/17/11 - HWM - International Tax Reform Discussion Draft

• 10/18/11 - SFC - Tax Reform Options: Incentives for Charitable Giving

• 10/6/11 - SFC - Tax Reform Options: Incentives for Homeownership

• 9/21/11 - HWM - Economic Models Available to the Joint Committee on Taxation for Analyzing Tax Reform Proposals

• 9/20/11 - SFC - Tax Reform Options: Incentives for Innovation

• 9/14/11 - SFC - Tax Reform Options: Marginal Rates on High-Income Taxpayers, Capital Gains and Dividends

• 7/27/11 - SFC - CEO Perspectives on How the Tax Code Affects Hiring, Businesses and Economic Growth

• 7/26/11 - SFC - Perspectives on Deficit Reduction: A Review of Key Issues

• 7/26/11 - HWM - Tax Reform and Consumption-Based Tax Systems

• 7/13/11 - HWM & SFC - Tax Reform and the Tax Treatment of Debt and Equity

  • 7/11/11 - JCT - Present Law and Background Relating To Tax Treatment of Business Debt (JCX-41-11)

• 6/28/11 - SFC - Complexity and the Tax Gap: Making Tax Compliance Easier and Collecting What�s Due

  • GAO Report, Tax Gap: Complexity and Taxpayer Compliance (6/28/11)

• 6/2/11 - HWM - How Business Tax Reform Can Encourage Job Creation

• 5/24/11 - HWM - How Other Countries Have Used Tax Reform to Help Their Companies Compete in the Global Market and Create Jobs

  • JCT, Background and Selected ISsues Related to the U.S. International Tax System and Systems that Exempt foreign Business Income (JCX-33-11; 5/20/11)

• 5/12/11 - HWM - Need for Comprehensive Tax Reform to Help American Companies Compete in the Global Market and Create Jobs for American Workers

• 5/3/11 - SFC - Is the Distribution of Tax Burdens and Tax Benefits Equitable?

• 4/26/11 - CRS Report, Reducing the Budget Deficit: Tax Policy Options

• 4/13/11 - HWM - Tax Code�s Burdens on Individuals and Families Demonstrate the Need for Comprehensive Tax Reform

• 4/12/11 - SFC - Best Practices In Tax Administration: A Look Across the Globe

  • Tax Administration: Information on Selected Foreign Practices That May Provide Useful Insight (GAO-11-439; 5/24/11)

• 4/6/11 - JCT - Ideas on Reforming the U.S. Internal Revenue Code

  • Summary of meeting (JCX-28-11)

• 3/30/11 - SFC - How Do Complexity, Uncertainty and Other Factors Impact Responses to Tax Incentives?

• 3/22/11 - CRS Report, Should the U.S. Levy a Value-Added Tax for Deficit Reduction?

• 3/15/11 - SBC - Report of the Bipartisan Policy Center�s Debt Reduction Task Force

• 3/9/11 - SBC - Distribution and Efficiency of Spending in the Tax Code

• 3/8/11 - SBC - Report of the National Commission on Fiscal Responsibility and Reform

• 3/8/11 - SFC - Does the Tax System Support Economic Efficiency, Job Creation and Broad-Based Economic Growth?

  • The Hill blog post (3/8/11) - "Baucus skeptical of businesses taxed as individuals"

  • Senator Snowe press release and resolution opposing treating businesses as corporations

• 3/1/11 - SFC - How Did We Get Here? Changes in the Law and Tax Environment Since the Tax Reform Act of 1986

  • JCT - Background Information on Tax Expenditure Analysis and Historical Survey of Tax Expenditure Estimates (JCX-15-11; 2/28/11)

• 2/17/11 - SBC - The President's FY 2012 Budget and Revenue Proposals

• 2/16/11 - SFC - The President�s Budget for Fiscal Year 2012

• 2/10/11 - BNA story on Geithner and Bernanke on repatriation and corporate tax reform

• 1/20/11 - HWM - First in a Series of Hearings on Fundamental Tax Reform

International Consideration

• 9/20/12 - PSI - Offshore Profit Shifting and the U.S. Tax Code - Part 1 (Microsoft & Hewlett-Packard)

• 11/17/11 - HWM - International Tax Reform Discussion Draft

• 9/8/11 - SFC - Tax Reform Options: International Issues

• 6/23/11 - HWM - Tax Reform and Foreign Investment in the United States

Estate Tax Reform

• [none yet]

Internet / Telecom

• 3/15/11 - HJC - H.R. 1002, The Wireless Tax Fairness Act of 2011

Small Business Taxation

• 4/18/12 - HSBC - The Tax Outlook for Small Businesses: What�s on the Horizon?

• 3/28/12 - HWM - Markup Of: H.R. 9, the �Small Business Tax Cut Act�

• 3/7/12 - HWM - Treatment of Closely-Held Businesses in the Context of Tax Reform

  • JCT, Selected Issues Relating To Choice Of Business Entity, 3/5/12

• 4/13/11 - HSBC - How Tax Complexity Hinders Small Businesses: The Impact on Job Creation and Economic Growth

  • Hearing transcript from GPO

• 3/3/11 - HWM - Small Business and Tax Reform

• 3/3/11 - Senator Wyden press release - Wyden and Congressman Tiberi views on small business and tax reform

Retirement Savings

• 4/17/12 - HWM - Tax Reform and Tax-Favored Retirement Accounts

  • JCT, Present Law And Background Relating To The Tax Treatment Of Retirement Savings, 4/13/12

• 9/15/11 - SFC - Tax Reform Options: Promoting Retirement Security

Environment/Energy/Transportation Tax Considerations

• 12/12/12 - SFC - Tax Reform and Federal Energy Policy: Incentives to Promote Energy Efficiency

• 6/12/12 - SFC - Tax Reform: Impact on U.S. Energy Policy

• 4/19/12 - SST - Impact of Tax Policies on the Commercial Application of Renewable Energy Technology

• 3/27/12 - SFC - Renewable Energy Tax Incentives: How have the recent and pending expirations of key incentives affected the renewable energy industry in the United States?

  • JCT, Present Law And Analysis of Energy-Related Tax Expenditures, 3/23/12

• 12/14/11 - SFC - Alternative Energy Tax Incentives: The Effect of Short-Term Extensions on Alternative Technology Investment, Domestic Manufacturing, and Jobs

• 9/22/11 - HWM - Energy Tax Policy and Tax Reform

• 8/3/11 - HWM - Energy Tax Policy and Tax Reform

• 5/12/11 - SFC - Oil and Gas Tax Incentives and Rising Energy Prices

• 4/14/11 - CRS - Report: Energy Tax Policy: Issues in the 112th Congress

Economic Stimulus & Recovery

• 9/13/11 - SFC - Examining Whether There is a Role for Tax Reform in Comprehensive Deficit Reduction and U.S. Fiscal Policy

• 2/3/11 - SBC - Challenges for the U.S. Economic Recovery

• 2/2/11 - SBC - Tax Reform: A Necessary Component for Restoring Fiscal Responsibility

Tax Administration

• 4/26/12 - SFC - Tax Filing Season: Improving the Taxpayer Experience

• 7/28/11 - HWM - New IRS Paid Tax Return Preparer Program

Worker Classification

• [none yet]

State Tax Reform

• 8/1/12 - SCST - Marketplace Fairness: Leveling the Playing Field for Small Business

• 7/24/12 - HJC - H.R. 3179, the "Marketplace Equity Act of 2011"

• 4/25/12 - SFC - Tax Reform: What It Means for State and Local Tax and Fiscal Policy

  • JCT, Present Law And Background Information Related To State And Local Government Finance, 4/23/12

• 11/30/11 - HJC - Constitutional Limitations on States' Authority to Collect Sales Taxes in E-Commerce

• 5/25/11 - HJC - H.R. 1864, the "Mobile Workforce State Income Tax Simplification Act of 2011"

• 5/23/11 - HJC - H.R. 1860, the "Digital Goods and Services Tax Fairness Act of 2011"

• 4/13/11 - HJC - H.R. 1439: the "Business Activity Tax Simplification Act of 2011

  • Hearing transcript from GPO

SFC = Senate Finance Committee        SBC - Senate Budget Committee           SSCA = Senate Special Committee on Aging          HWM = House Ways & Means Committee    

CRS = Congressional Research Service          SST - House Committee on Science, Space and Technology       SCST - Senate Commerce, Science & Transportation Committee

HSBC = House Small Business Committee     SSBE - Senate Small Business & Entrepreneurship Committee

JEC - Joint Economic Committee         JCT = Joint Committee on Taxation     CBO = Congressional Budget Office

HJC = House Judiciary Committee            SHELP = Senate Committee on Health, Education, Labor, and Pensions          HCEL = House Committee on Education and Labor

PSI - Senate Permanent Subcommittee on Investigations      HCOB - House Committee on the Budget              HTIC - House Transportation and Infrastructure Committee

This page last revised on December 7, 2012.                                                                                 Professor Annette Nellen