BEGIN:VCALENDAR
VERSION:2.0
CALSCALE:GREGORIAN
PRODID:UW-Madison-Physics-Events
BEGIN:VEVENT
SEQUENCE:0
UID:UW-Physics-Event-4469
DTSTART:20170314T170500Z
DTEND:20170314T180000Z
DTSTAMP:20260414T051539Z
LAST-MODIFIED:20170125T163231Z
LOCATION:4274 Chamberlin (refreshments will be served)
SUMMARY:The complexity of the U.S. tax system and the consequences for
  reform\, Chaos & Complex Systems Seminar\, John Witte\, UW Lafollette
  Institute
DESCRIPTION:This talk will review the changing status of “tax expend
 itures” (loopholes) from 1975 to 2015 based on data from a new book 
 by the author.  It will be argued that after a brief respite produced 
 by the 1986 Tax Reform Act\, tax expenditures have again grown precipi
 tously to the point that classical tax reform is very improbable. Part
  of the problem is that tax loophole growth and expansion are a policy
  mechanism for both political parties and both the legislative and exe
 cutive branches of government.  Thus\, unlike an earlier suggestion by
  the author for reforming the tax code\, he will propose that perhaps 
 it is best now to simply accept tax expenditures as inevitable and try
  to establish guidelines for which should be supported and which cut b
 ack or eliminated.
\n
URL:https://www.physics.wisc.edu/events/?id=4469
END:VEVENT
END:VCALENDAR