Spellbinding Tax Reform That Doesn’t Even Work on Paper
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Aug. 9 (Bloomberg) -- Last week, I wrote about thenonpartisan Tax Policy Center’s effort to run the numbers onMitt Romney’s base-broadening, rate-lowering tax reform plan.The numbers, as you may have guessed, didn’t add up. And that’snot just a problem for Romney. It’s a problem for anyonecommitted to the idea of tax reform.
As polarized as Washington is over tax and budget issues, abase-broadening, rate-lowering tax-code overhaul has become theone policy every wonk in town can agree on.