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:: Wednesday, November 02, 2005 ::

Brad Delong on tax reform
If you poll economists and budget people about what is most wrong with our tax system, they will tell you that the thing that is most wrong is that it does not do the very first thing that Eddie and Jim mention: our tax system will not generate the government's required revenue. As America ages and as health care costs rise, the government is going to be spending a larger and larger share of GDP. The Republican leadership has no plans to close this funding gap, either by reducing planned spending or increasing taxes. That's the big thing wrong with America's tax system today.

:: Jim Nichols 11/02/2005 08:19:00 PM [+] ::
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