The President's Advisory Panel on Federal Tax Reform will hold its eighth meeting this week, said the body's chairman and vice-chairman, senators Connie Mack and John Breaux.

The group's May 11 meeting will examine specific options for reform, including the value-added tax, the consumption income tax, the retail sales tax and the flat tax. A May 12 meeting focusing on business tax reform proposals will consider the integration of the corporate and individual tax systems, business tax simplification and international income taxation.

Among the 25 witnesses scheduled to appear are: Yale Law School professor Michael Graetz; Thomas A. Wright, executive director, Americans for Fair Taxation; John Podesta, president and chief executive, Center for American Progress; Chris Edwards, director of Tax Policy Studies, Cato Institute; Stephen Moore, president, Free Enterprise Fund; Richard Armey, former House majority leader and co-chairman, Freedom Works; and Steve Forbes, president and chief executive of Forbes.

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