Two interesting articles on taxes. When read together, they pretty well sum up my philosophy on the subject: progressive, Pigouvian, simple, and strict.
Gregory Mankiw arguing for a better tax system at the NY Times.
The Economist on optimal tax rates and tax evasion.
While there is bipartisan support for some sort of tax reform, as noted by Mankiw, a Republican advisor to Bush and now Romney, I fear the problem will never be appropriately addressed. Our Congress is just not currently set up to properly address complicated problems.
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