Tax Code Has Upside-Down Rewards for Good Behavior: Peter Orszag
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Sept. 7 (Bloomberg) -- As the supercommittee createdby Congress to cut $1.5 trillion from the federal deficitover the coming decade begins its work, one thing that issaid to be on the agenda is tax reform.
Given the complexities involved in a broad-scale overhaulof the tax system, don’t hold your breath that we’ll seeanything comprehensive enacted this year.