The More Things Change – Much Talk of Reform, but are Real Results Likely?
Journal of Taxation of Investments, p. 89, Spring 2011
Posted: 7 Oct 2011 Last revised: 15 Oct 2011
Date Written: October 5, 2011
This article expresses skepticism that some of the proposals of the National Commission on Fiscal Responsibility and Reform (the so-called “debt commission”) are likely to go far as part of any tax reform associated with deficit reduction, and it describes one recent judicial decision that at least temporarily calls into question the codification of the economic substance doctrine.
Keywords: National Commission on Fiscal Responsibility and Reform, debt commission, tax reform, deficit reduction, economic substance doctrine
JEL Classification: K34
Suggested Citation: Suggested Citation