Source: Urban Institute, June 18, 2008
From the press release:
The Urban-Brookings Tax Policy Center, a joint project of the Urban Institute and the Brookings Institution, has launched a new intellectual venture capital fund to help policymakers, the public, and the media better understand the U.S. tax system and the policy challenges facing the nation over the next decade. The Opportunity Fund has been awarded a $2.5 million challenge grant from the Gates Foundation, which will match one dollar for every three dollars the fund receives before April 1, 2011…
…The Tax Policy Center envisions using the Opportunity Fund to develop prototype tax reform options and clear assessments of their pros, cons, tradeoffs, and burdens; strengthen its capacity to analyze state, local, corporate, and international taxes; model the macroeconomic effects of current budget policies and escalating government debt; and allow users of www.taxpolicycenter.org to customize tables based on the center’s data and analysis, letting the public see how proposed and enacted legislation affect them and others.