When the new president and Congress take office in 2009, they will face several critical tax policy decisions: Should the income tax rate cuts and the reductions in dividend and capital gains taxes adopted in 2001 and 2003 be made permanent? Should the corporate income tax and the taxation of international investment be reformed? Should tax policy be used to address global warming and other environmental concerns?

To explore the economic principles that will be relevant to these decisions, AEI has commissioned leading public finance scholars to study and describe the lessons learned since 2000 in seven important areas of tax policy. These areas include environmental taxation, labor supply, marginal tax rates and taxable income, deficit-financed tax cuts, dividends and corporate financial policy, and international and business investment.

At this conference, presenters and discussants will participate in seven panels. The papers presented at this event will be published in 2009 by the AEI Press.