Obama's Disdain Kills Tax Reform

The "angel of death" tax loophole should be closed. Obama just made that harder.

Goodbye tax reform. Thanks for stopping by.

Photographer: Nicholas Kamm/AFP/Getty Images

Many of the tax proposals in the White House plan released this week make good sense -- and you don't need to be a liberal to think so. President Barack Obama could easily have pitched them in a way that appealed to fiscal conservatives. He pitched them, instead, in a way that can only have been calculated to offend the opposition.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.