December 13th, 2012
America the Undertaxed — U.S. Fiscal Policy in Perspective
Compared with other developed countries, the United States has very low taxes, little income redistribution, and an extraordinarily complex tax code. If it wanted to, the government could raise taxes without crippling growth or productivity. Tax reform is ultimately a political choice, not an economic one — a statement about what sort of society Americans want.

America the Undertaxed — U.S. Fiscal Policy in Perspective

Compared with other developed countries, the United States has very low taxes, little income redistribution, and an extraordinarily complex tax code. If it wanted to, the government could raise taxes without crippling growth or productivity. Tax reform is ultimately a political choice, not an economic one — a statement about what sort of society Americans want.

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    Yeah, because the proposed tax increase would fund the government’s spending for a total of four to eight days. Let’s...
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