Federal Tax Reform and the States - Papers & Presentations

May 18, 2005 - National Press Club - 529 14th St NW Ste 1300, Washington, DC 20045

8:30 am - 8:45 am Welcome and Introductions
Ray Scheppach, Executive Director, NGA
William Pound, Executive Director, NCSL
8:45 am - 9:15 am Setting the Stage
Senator Steve Rauschenberger, Illinois, President-elect, NCSL

9:15 am - 10:45 am National Sales Tax and VAT Proposals
Moderator: Robert Ebel , Senior Fellow, Urban Institue

National Sales Tax
[
Presentation: A National Retail Sales Tax: Consequences for the States]
Bill Fox, University of Tennessee
Matthew Murray, University of Tennessee

Value Added Taxes Paper
[Presentation: Coordinating State Sales Taxes with a Federal VAT: Opportunities, Risks, and Challenges]
Charles McLure, Hoover Institution, Stanford University

Discussant
Richard M. Bird, University of Toronto

11:00 am - 12:15 pm Business Tax Reform and Other Proposals, Including the Flat Tax
Moderator: Dan R. Bucks, Director, Montana Department of Revenue

Business Tax Reform Proposals Paper
[Presentation: What Will Happen to State Corporation Taxes After Federal Tax Reform?]
Martin Sullivan, Tax Analysts, Inc.
David Brunori, Tax Analysts, Inc.

Remarks on a Flat Tax
Bruce Bartlett, National Center for Policy Analysis

Discussant
Thomas S. Neubig, Ernst and Young

12:30 pm - 2:00 pm Luncheon Program:  The Current Debate in Historical Context
Ronald Pearlman, Georgetown University Law Center

2:15 pm - 3:45 pm Deductibility and Tax-Preferred Savings Proposals
Moderator:  Delegate John Hurson, Maryland, NCSL President

Deduction for State and Local Taxes Paper
[Presentation: The Effect of Repealing the Deductibility of State and Local Taxes]
Kim Rueben, Tax Policy Center
Len Burman, Tax Policy Center

Tax-Preferred Savings Vehicles
Bill Beach, Heritage Foundation
Discussant
Jane G. Gravelle, Congressional Research Service

3:45 pm - 4:00 pm Wrap up
Harley Duncan
Executive Director, Federation for Tax Administrators