Hopes for Tax Reform in 2007

Articles — Wed, 10 Jan 2007 06:54:00 -0500

Will 2007 be the year of fundamental tax reform? It should be, but in all likelihood, it will not be. Still, there are plenty of changes that could be made to move the tax code in the right direction.

First, the reasons there should be tax reform. Everybody hates the tax code. There is no better political rallying cry than "I am going to reform the tax code to make it simpler, fairer, and better for the economy." The same line is used by the most liberal and conservative would-be reformers. Unlike other public policies in need of reform --… more

Tax Notes

Hopes for Tax Reform in 2007