- JCX-46-08 (May 20, 2008) Estimated Revenue Effects Of H.R. 6049, The “Renewable Energy And Job Creation Act Of 2008,” Scheduled For Consideration By The House Of Representatives On May 21, 2008
- JCX-43-08 (May 19, 2008) The Jurisdiction And Responsibilities Of The Alcohol And Tobacco Tax And Trade Bureau: “The Alcohol and Tobacco Tax and Trade Bureau (TTB) was established by the Homeland Security Act of 2002. That Act split the Bureau of Alcohol, Tobacco and Firearms, which at the time was in the Department of the Treasury, into two agencies, and the Bureau of Alcohol, Tobacco and Firearms was terminated. The Alcohol and Tobacco Tax and Trade
Bureau, which remained in the Treasury Department, is, in general, responsible for the administration and enforcement of the tax laws relating to alcohol, tobacco, and firearms and certain non-tax laws relating to alcohol.” - JCX-37-08 (May 12, 2008) A Reconsideration Of Tax Expenditure Analysis: “Tax expenditure analysis no longer provides policymakers with credible insights into the equity, efficiency, and ease of administration issues raised by a new proposal or by present law, because the premise of the analysis (the validity of the normal tax base) is not universally accepted. Driven off track by seemingly endless debates about what should and should not be included in the normal tax base, tax expenditure analysis today does not advance
either of the two goals that inspired its original proponents: clarifying the aggregate size and application of government expenditures, and improving the Internal Revenue Code. The JCT
Staff therefore has begun a project to rethink how best to articulate the principles of tax expenditure analysis, in order to improve the doctrines utility to policymakers, reemphasize its neutrality, and address the concerns raised by many commentators.
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