After a delay brought on by Hurricane Katrina, the President's Advisory Panel on Federal Tax Reform announced two October meetings and a deadline of Nov. 1 to issue its comprehensive report.
The panel will meet on Oct. 11 at 11 a.m., and on Oct. 18 at 9 a.m. in Washington. Panel members will continue to discuss issues associated with tax reform and no new testimony will be presented.
Established by President Bush in January, the bipartisan panel had been slated to submit a report on possible reforms to the tax code by Sept. 30. Under the president's orders, any changes are to be aimed at making the country's tax system simpler, fairer and more oriented to economic growth. The panel, chaired by former Senator Connie Mack, was also instructed to keep any proposals revenue-neutral.
