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The article focuses on the Revenue Neutral Tax Reform and the keys in avoiding its economic pitfalls. Topics discussed include the analysis was based on domestic corporate tax reform, the revenue neutral goal of U.S. House Ways and Means Committee Chairman Dave Camp and other lawmakers, and the findings on the benefit to the economy of reducing corporate tax rate without offsetting the increase in revenue.

The article discusses the plan developed by the U.S. House Ways and Means Committee led by Chairman Dave Camp for the simplification of the tax code. Topics discussed include the importance of understanding the tax analysis of the U.S. Joint Committee on Taxation (JCT), the improvement of the level of gross domestic product (GDP) through the reduction of individual and corporate tax rates, and the benefits of the conventional revenue estimating assumptions from JCT to the people.