How Much Revenue Does the Federal Government Lose from Tax Avoidance?
Millionaire taxes. Donut-hole Social Security taxes. Top individual tax rates of 70 percent. Pass-through business deductions. Corporate tax rates. These topics are being hotly debated. But, how might individuals and business respond to reduce or even avoid their tax bills? This question is more relevant than ever as we enter the 2020 campaign season.
Penn Wharton Budget Model will convene Capitol Hill staffers, policymakers, academics and thought leaders to discuss this important topic. Learn how individuals and businesses can recharacterize their income to reduce their tax bills, how much recharacterization happens in practice, and the resulting loss in federal government revenue.
Please register now, as space is limited. Breakfast will be served