How would the introduction of Sensible Tax Reform affect federal tax revenue?
The STR reform program is designed to be revenue neutral for the federal government. It is strictly a tax-reform program. Although it eliminates most of the social and political engineering of our current Internal Revenue Code, it is not designed to either increase or reduce federal revenues when introduced. However, the strong economic growth that will ensue from the STR will produce a very substantial increase in federal tax revenues in coming years.
