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The Kennedy–Johnson Tax Cut of 1964, the Defeat of Keynes, and Comprehensive Tax Reform in the United States
Journal of Policy History ( IF 0.222 ) Pub Date : 2017-12-19 , DOI: 10.1017/s0898030617000379
Seiichiro Mozumi

:In 1964, President Lyndon B. Johnson, the successor of John F. Kennedy, signed into law the largest tax cut in U.S. history until 1981, the so-called Kennedy–Johnson tax cut. Many scholars have evaluated it as representative Keynesian tax policy; this article focuses on the effort of the Treasury Department, tax experts such as Stanley S. Surrey and Wilbur D. Mills, the chairman of House Committee on Ways and Means, to reform the federal income tax system comprehensively—making it simpler, fairer, and more equitable—and their defeat by the 1964 tax cut. Through the policymaking and legislative process, the Kennedy administration’s Council Economic Advisers defeated the Treasury and Surrey by domesticating Keynes’s ideas on tax policy. Until the 1964 passage of the tax cut, Mills, with his inconsistent action, abandoned the accomplishment of their ideal tax reform.

中文翻译:

1964 年的肯尼迪-约翰逊减税、凯恩斯的失败以及美国的全面税收改革

:1964年,约翰·F·肯尼迪的继任者林登·B·约翰逊总统签署了美国历史上直到1981年为止最大的减税政策,即所谓的肯尼迪-约翰逊减税。许多学者将其评价为具有代表性的凯恩斯税收政策;本文重点介绍财政部、税务专家斯坦利·萨里 (Stanley S. Surrey) 和众议院筹款委员会主席威尔伯·米尔斯 (Wilbur D. Mills) 为全面改革联邦所得税制度所做的努力——使其更简单、更公平、和更公平——以及他们在 1964 年减税中的失败。通过政策制定和立法过程,肯尼迪政府的经济顾问委员会通过将凯恩斯的税收政策思想归化,击败了财政部和萨里。直到 1964 年减税法案通过,米尔斯以他不一致的行动,
更新日期:2017-12-19
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