Compare Tax Reform Plans: Romney, Obama, & Simpson-Bowles

Compare Tax Reform Plans: Romney, Obama, & Simpson-Bowles Here is a comparison of President Obama, Romney and Simpson-Bowles plans to reduce America’s debt and get our fiscal situation in order. Simpson-Bowles plan comes from the names of co-chairs Alan Simpson and Erskine Bowles; of a Presidential Commission created in 2010 by President Obama to identify and create policies that will generate growth, control spending and reduce our debt in the medium term and to achieve fiscal sustainability over the long run When the report was complete, the President choose to ignore it. Many Democrats and Republicans liked the plan and there was bi-partisan support to adopt much or all of it.