SBE Releases Report
The Small Business and Entrepreneurship Council recently released a report titled "The Great Tax Debate: Tax Increases, Tax Relief, and Tax Reform" in response to the buzz surrounding massive federal budget deficits and changing the U.S. tax system.
SBE Council chief economist Raymond J. Keating, author of the report, said "The debate over taxation has raged in this nation ever since our founding. This is America's ongoing - and generally healthy - 'Great Tax Debate.' Unfortunately, the debate has shifted in a dramatically negative direction over the past two years. For much of the past three decades (with exceptions, for example, in 1990 and 1993), the tax debate targeted how taxes might be reduced and/or how the tax code should be overhauled. But the Obama administration and the current leadership in Congress are overwhelmingly focused on how taxes can be increased."
- People:
- Obama
- Raymond J. Keating
- Places:
- U.S.