Please report broken hyperlinks using the Reply option at the bottom of each page.
“… 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.”
[Another more detailed and referenced article about this situation can be found here .]
True Tax Reform: Improves the Economy, Does Not Raise Taxes
The Benefits and Limitations of Income Tax Reform
Tax Reform to Encourage Growth, Reduce the Deficit, and Promote Fairness