Summary of Testimony of Panelists on Tax Reform Topics at Panel
[COMMITTEE PRINT] SUMMARY OF TESTIMONY OF PANELISTS ON TAX REFORM TOPICS AT PANEL DISCUSSIONS, FEBRUARY 5 TO FEBRUARY 28, 1973 HELD BY THE COMMITTEE ON WAYS AND MEANS PREPARED BY THE STAFF OF THE JOINT COMMITTEE ON INTERNAL REVENUE TAXATION MARCH 5, 1973 U.S. GOVERNMENT PRINTING OFFICE 91-177 WASHINGTON : 1973 JCS-8-73 i ::: —— — — CONTENTS P«ge Introduction 1 Panel Discussions by Subject Matter of Panel 5, 15, 29, 43, 51, 59, 75, 85, 93, 105, 121 Panel No. 1 Objectives and Appeoaches to Tax Reform and SlMPLEFIOATION (FeBEUART 5) Panelists Prof. Boris I. Bittker, Yale University, New Haven, Conn 5 Dr. Joseph Pechman, Brookings Institution, Wastiington, D.C 6 Prof. Dan Throop Smith, Hoover Institute, Stanford, Oalif 7 Prof. Stanley S. Surrey, Harvard Law School, Cambridge, Mass 9 Dr. Norman Ture, economic consultant, Washington, D.C 11 Panel No. 2 Capital Gains and Losses (Febetjaey 6) Panelists Prof. Harvey D. Brazer, University of Michigan, Ann Arbor, Mich..^ 15 Prof. Richard A. Musgrave, Harvard University, Cambridge, Mass 19 Mr. B. Kenneth Sanden, Price Waterhouse & Co., New York, N.Y 22 Prof. Henry C. Wallich, Yale University, New Haven, Conn 25 Panel No. 3 Tax Treatment of Capital Recovery (Investment Credit, Accelerated Depeeciation, and Amortization) (Feb- ruary 7) Panelists Prof, Martin David, University of Wisconsin, Madison, Wis 29 Prof. Robert Eisner, Northwestern University, Evanston, 111 30 Prof. C. Lowell Harriss, Columbia University, New York, N.Y 36 Mr. John S. Nolan, Miller & Chevalier, Washington, D.C 36 Dr. Pierre A. Rinfret, Rinfret-Boston Associations, Inc., New York, N.Y 39 Panel No.
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