Monday, December 20, 2010

Beyond The Tax Deal: Targeting The Code Itself

Back in the 1990s, there were fewer than a dozen short-term tax provisions that had to be re-approved by Congress every year or so. By this year, that number had topped 140. And that has to change, say two Washington veterans -- Mortimer Caplin, who ran the IRS under John F. Kennedy, and David Stockman, budget director for Ronald Reagan.

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