'Contemporary U.S. Tax coverage is, at its center, a thrilling, if now not continuously lovely, story of democratic decisionmaking,' writes C. Eugene Steuerle. The landmark 2004 first version defined the foundations of taxation within the early postwar interval and the tax coverage battles that all started with the Reagan revolution and proceed at the present time. the second one variation has been elevated to enquire President George W. Bush's moment time period in office―the push to denationalise Social safeguard, the stalled tax code revision, the extension of the 2001 tax cuts, and different battles. Tax coverage historical past has constantly been messy, repetitive, and rancorous. but even in a contentious political setting, evolution―and revolution―can occur.

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