Business, Management and Accounting
4 years ago

British tax system offers key lessons for American tax reform.

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Cambridge University Press eBooks
What can America learn from the British tax system?
William G. Gale

Paper Summary

The article compares British and American tax systems to see what the US can learn. It looks at ideas like simplifying tax filing, adjusting capital gains for inflation, reducing mortgage deductions, adding a value-added tax, and combining corporate and personal taxes. The paper also talks about how different choices in tax policy can affect fairness, efficiency, and simplicity.

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