“I would question whether the ’86 model of tax reform is really viable today,” said John L. Buckley, former chief Democratic tax counsel for the U.S. House of Representatives Ways and Means Committee and former chief of staff for the Joint Committee on Taxation, as he delivered the keynote address at the 2013 Delaware Tax Institute program held on Friday, November 15th, 2013 in the Ruby R. Vale Moot Courtroom.
Buckley observed that there was broad agreement on the need for tax reform but no consensus on a way to approach the issue. He also observed that “It is much easier to envision a corporate tax reform,” then it is individual income tax reform.
The morning portion of the well-attended program featured two panels, 2013 Income Tax Development and Recent Developments in Estate Planning. Following lunch, Buckley delivered his distinguished speaker remarks. The afternoon included a panel discussion on the Affordable Care Act and implementing health care reform in 2013 and 2014 and a second panel on estate planning for couples after the 2012 Taxpayer Relief Act and the U.S. Supreme Court decision on the Defense of Marriage Act.
Currently a Professor in the Graduate Tax Program at Georgetown University Law Center, John L. Buckley served in Congress for more than 35 years. A graduate of the University of Wisconsin Law School, he has written extensively on general tax policy, individual tax issues, international tax issues, and estate and gift taxes.