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Limitations can be set on the exclusions for other employer-provided benefits such as life insurance, tuition, and parking.
Eligibility for the exclusion for employer-provided health insurance should be determined based on the employer's coverage rules.
Lawmakers should maintain the tax-deferred status of employer-provided pensions as a critical way of promoting retirement savings.
The threshold for the medical expense deduction should be kept as low as possible.
Congress and the states should extend the EITC to workers with low incomes who have no dependents regardless of age, including those ages 65 and older, provided they are not dependents themselves.
Policymakers should retain estate and inheritance taxes as important components of our tax structure.
Federal and state estate and inheritance taxes should affect only the largest transfers.
Federal policymakers should develop a comprehensive system for financing Long-Term Services and Supports (LTSS) that includes a new social insurance program to provide a basic level of LTSS.
Ideally, the federal government should finance LTSS through a universal, comprehensive, and publicly administered program such as Medicare or similar social insurance program of shared risk.