Max Baucus (D-Mont.) said a key component of tax reform would be a level playing field for employers.
There might also be a tax component to the plan when the tax system comes up for review this fall.
Another essential component involves tax rates.
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"Barack Obama's plan to reach out to Republican members of Congress with a tax cut component to his stimulus package seems to be working with the GOP rank and file, " said Holland.
For decades, whole life, with its tax-free investment component, was the cornerstone of many families' security.
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Of course, if you are investing through a tax-favored account, there is no state tax, and this component of your yield spread is gravy.
This tax cut was a core focus of my campaign, it was a core component of the American Recovery and Reinvestment Act, and it is the most progressive tax cut in American history.
Annuity payments can be deferred until retirement or advanced age, at which point tax would be due on the income component of the annuity payments.
Today the VATmeisters usually post one price, which includes tax, rather than breaking out the sales component.
Few Argentine economists doubt that tax cuts, in the medium run, are a vital component of better competitiveness.
What we do know, however, going to the CBO report, is that the single biggest component of the so-called fiscal cliff is the middle-class tax cuts that Republicans and Democrats all agree ought to be extended.
The main component of the current fiscal cliff squabbling, the income border beyond which the tax rate will increase, is clearly not a middle class issue.
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