Summary of the major reforms, compare this reform to the theory of optimal taxation.
Summary of the major reforms, compare this reform to the theory of optimal taxation.
The paper should be two pages, times new roman, double spaced, 12 point font with one inch margins. Citations should be inside the document (source, date) and use at least three sources. The paper should include a one-page summary of the tax reform that was passed by Congress and signed by President Trump in December of 2017. After the summary of the major reforms, please compare this reform to the theory of optimal taxation. Which aspects of the reform are consistent with Haig-Simons and Optimal Tax Theory? Which aspects of the reform are not consistent with economic theory of taxation and why do you believe they were included? Note: Do not copy/paste any wording from the internet. Use your own words.
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