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
• 8/1/12 - SFC - Tax Reform: Examining the Taxation of Business Entities
• 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
• 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
• 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
• 4/25/12 - SFC - Tax Reform: What It Means for State and Local Tax and Fiscal Policy
• 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

• 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
• 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
• 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?
• 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

• 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