Tagged: tax reform

Tax bill passed

Boston University School of Law professor Daniel Berman, director of the Graduate Tax Program, offers his view on the future of tax reform after passage of the tax compromise bill. “This tax package is a temporary compromise that deserves its widespread condemnation. The only optimistic sign for tax policy is some new support for tax […]

Japan’s ruling party calls for austerity

The newly elected Japanese ruling Democratic Party led by Prime Minister Naoto Kan (l.) has¬†pledged to rein that nation’s huge debt, the world’s largest, calling for drastic tax reform including a hiking the sales tax.¬† Public opinion polls show Japanese citizens prepared for tax increases and budget cuts if they can reduce the risk of […]