Financial Times (April 17)
2011/ 04/ 19 by jd in Global News
To close its budget shortfall, America needs to tackle tax reform. Tax simplification could eliminate “the lunatic complexity of the US tax code” and provide a “free lunch” to a nation stretched for dollars. “Gradually eliminating tax exemptions for mortgage interest, employer-provided healthcare, and myriad other expenditures…would raise so much money that tax rates could be deeply cut even as revenues were increased.”
Tags: Budget, Revenue, Tax reform, Taxes, U.S.
