The Obama Administration adopted the "economic substance doctrine", a policy
that states that tax changes must have significant economic justification, as a
federal law. Find out more about why this is important to American tax payers
by clicking on the link below.
U.S. Treasury Department, General Explanations of the Administration's Fiscal Year 2010 Revenue Proposals , May 2009Tax Policy Center, Tax Proposals in the 2010 budget , accessed Oct. 2, 2009