Charitable Deduction | Federal
Jun 15, 2012
From the Chairman: Max Baucus on Tax Reform
Consider This
Earlier this week, Max Baucus, the Chairman of the Senate Finance Committee, delivered a much anticipated speech on tax reform. What were our takeaways?
The speech was short on both specifics and surprises. But Chairman Baucus made clear that tax breaks should be looked through the prism of whether they create jobs or economic growth saying, “We need to get out of the way of the market, unless there is clear evidence that a tax expenditure spurs growth and creates jobs.