The Government Accountability Office released a comprehensive overview of the tax reform debate.

"Understanding the Tax Reform Debate: Background, Criteria and Questions" begins with a history and general explanation of the evolution and need for taxes. The report also notes that in 2005, Americans will pay about $2.1 trillion in combined federal taxes, including income, payroll and excise taxes, or about 16.8 percent of gross domestic product.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access