Clint Stretch's blog
Whatever Congress and the White House do in the next couple of weeks will reinforce the case for tax reform. The seeming sanctification of low tax rates that occurred with the Tax Reform Act of 1986 has not meant keeping top tax rates low; it has meant only the death of honesty in talking about rates. The result is a patch work of hidden rates and additional wage taxes that is likely to continue.
On Tuesday, the electorate will get to the end of a very long political process, during which they have been promised a better tax system without any real discussion about the sacrifices such a system would demand.