[20060126]RS22367_联邦税收改革及其对储蓄的潜在影响.pdf

1 U.S. President (Bush), “Presidents Advisory Panel on Federal Tax Reform,” Executive Order13369, Federal Register, vol. 70, no. 008, Jan. 12, 2005.Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS22367January 26, 2006Federal Tax Reform and Its Potential Effectson SavingGregg A. EsenweinSpecialist in Public FinanceGovernment and Finance DivisionSummaryIt is often argued that the saving rate in the United States is too low. Manyobservers suggest that the federal tax system can provide an effective way of increasingthe U.S. saving rate. Indeed, one of the major directives to the Presidents AdvisoryPanel on Federal Tax Reform was to recommend modifications to the tax system thatwould provide simple and straightforward ways for Americans to save free of tax,which, they argue, would increase saving in the United States. The panel recommendedtwo reform options, one based on the current income tax system and the other based ona hybrid income/consumption-based tax. The panel considered, but did not recommend,a pure consumption-based tax. Two observations can be drawn from the analysis contained in this report withrespect