In the wake of the release of the President's Advisory Panel on federal Tax Reform, the AICPA Tax Division offers assistance to the Treasury Department as it considers proposals for tax reform.
Because tax reform will have a far-reaching effect on all Americans, we encourage Treasury to use a framework for evaluating the current tax system and alternatives, such as our Tax Policy Concept Statement #1: Guiding Principles to Good Tax Policy, as detailed in our recent report, Understanding Tax Reform: A Guide to 21st Century Alternatives.
Although the AICPA does not take a position on what is the best possible solution for reforming the federal income tax system, we view our role as fostering informed discussion by providing unbiased facts and analysis.
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