“The Shelf Project”

According to its website, “[t]he Shelf Project is a collaboration by professionals in the tax community to develop and perfect proposals that Congress can pull off the shelf when it needs revenue.  By some projections, Congress will need $4 trillion of new revenue over a decade beginning in 2009-2010. Shelf project proposals will strengthen the tax base, raise revenue and chase the money.”

The project has cataegories for income tax and estate tax.  It is curious to note that the authors of this project elected not to create categories for the gift tax or the generation-skipping transfer tax.