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“… without closing [tax and other special interest] loopholes, you can’t reform the tax code; and without reforming the tax code you can’t raise revenues or reduce deficits in a politically-feasible manner. In other words, we will continue to drive off the cliff.”
http://www.breakpoint.org/bpcommentaries/entry/13/17981
[Another more detailed and referenced article about this situation can be found here .]
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True Tax Reform: Improves the Economy, Does Not Raise Taxes
http://thf_media.s3.amazonaws.com/2011/pdf/bg2619.pdf
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The Benefits and Limitations of Income Tax Reform
http://www.aei.org/docLib/TPO-Sept-2011.pdf
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Tax Reform to Encourage Growth, Reduce the Deficit, and Promote Fairness
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