The Case for an Increase in the Personal Exemption
Document Type
Article
Publication Date
6-29-1981
ISSN
1048-3306
Publisher
Tax Analysts
Language
en-US
Abstract
Alan L. Feld is a professor of law at Boston University Law School who specializes in federal income tax matters. This article is adapted, with permission, from March 25, 1981, testimony by Professor Feld before the House Ways and Means Committee during its hearings on the tax aspects of the President's economic program.
In this article, Professor Feld argues that three factors have contributed to the neglect of the personal exemption: the belief that the exemption favors the well-to-do over other taxpayers, the failure of the exemption to assist the very poor, and the distribution without regard to need of the benefits of the extra exemption for persons who are elderly, blind, or in student status. He argues that none of these factors should be allowed to block an increase in the personal exemption, and he adds that an increase in the exemption will provide a far more equal across-the-board tax reduction than will the President's tax cut proposal.
Recommended Citation
Alan L. Feld,
The Case for an Increase in the Personal Exemption
,
in
12
Tax Notes
1459
(1981).
Available at:
https://scholarship.law.bu.edu/faculty_scholarship/2411
