Tax Reform
Most prominent changes to the government's economic position require augmentations in taxes or spending. Tax policies can include the creation of new tax instruments, changes in the rate of current taxation, or the introduction of tax rebates or tax credits. Increasing taxes is geared to fund government programs and buoy government finances, while decreasing taxes is often intended to stimulate the economy or curry public favor.

Each of the policies that addresses this issue and their proposed steps are below:
Import Certificate Program proposed by Warren Buffett, Berkshire Hathaway
The Import Certificate program would establish an effective surcharge on imported goods if implemented immediately. If phased in more gradually, as the Feingold/Dorgan Senate Bill proposes, the effective tariff would not be as severe.
 
The proposal's near-certain increase in the price of imports would encourage domestic production and, analysts argue, contribute to a short-term increase in domestic GDP.

Financial Crisis Responsibility Fee proposed by President Barack Obama, The White House
The proposal would require that businesses receiving bailout money pay a fee related to their size, the amount of federal money received, and their relative exposure to debt. The fee would only apply to companies with over $50 Billion in assets. The fee is, in effect, a post facto string on the TARP money distributed to financial institutions.

Coming Soon
Re-imagining Community Colleges (CAP) in Education by Center for American Progress



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Policies Related to this Issue
Import Certificate Program proposed by Warren Buffett, Berkshire Hathaway
Financial Crisis Responsibility Fee proposed by President Barack Obama, The White House