Good Taxation Is Not an Oxymoron
April 5, 2017•20 min
After a failed health care bill, tax reform is next on the Republican agenda on Capitol Hill. The timing also follows a unique pattern. Every thirty-two years the U.S. tax system seems to get an overhaul. It happened in 1922, and again in 1954. Which means that the next changes are due in 2018. T. R. Reid, longtime correspondent for The Washington Post and author of A Fine Mess: A Global Quest for a Simpler, Fairer, and More Efficient Tax System (Penguin Press, 2017), says our Byzantine tax code is due for a major overhaul. He traveled around the world to find sensible, efficient tax systems that the United States could emulate. Hear his recommendations on how to simplify the system, cut tax rates and still make sure the government has plenty of money to keep on humming.