100 Million Unneccesary Returns - A Fresh Start for the U.S. Tax System
Event Date
3-23-2003
Abstract
According to Graetz, the current U.S. income tax system is unfair and too complicated resulting in tax compliance going down. "The current status quo [of the U.S. income tax system] is not stable," he said. And then, he proceeded to outline his proposal to eliminate 100 million tax returns annually. This well-researched system would remove the need for annual filing for those making less than $100,000 per annum (joint)/$50,000 per annum (individual) and imposing a 10-15% VAT nationwide. Introduction by Professor Alan Watson.
Repository Citation
Graetz, Michael J., "100 Million Unneccesary Returns - A Fresh Start for the U.S. Tax System" (2003). Sibley Lecture Series. 16.
https://digitalcommons.law.uga.edu/lectures_pre_arch_lectures_sibley/16
Sibley Lecture Series Brings Ivy League Scholars in Internet and Tax to Campus, The Advocate, Spring/Summer 2003, Vol. 37, no. 2
graetzpressrelease.pdf (6 kB)
Tax Guru Michael Graetz to Call for Major Changes to the U.S. Income Tax System at the 96th Sibley Lecture
graetz_program.pdf (218 kB)
Program
The University of Georgia School of Law's 96th Sibley Lecture was delivered on March 25, 2003, at 3:30 p.m. in Classroom A.