Board Of Economists: Why Tax Our Patience?

As tax day looms, Americans yearn for a fairer, simpler system. Our expert panel describes how that might work

When Washington talks taxes, the dickering usually focuses on whose payments should go up and whose should come down. But as April 15 approaches, many frustrated Americans, especially small-business owners, would be thrilled if someone just made the tax forms easier to file. As Congress weighs the impact of the controversial tax cuts proposed by President Bush, TIME's JYOTI THOTTAM asked a group of tax-policy experts to move beyond the current debate and imagine a simpler, more efficient federal tax system. Our Board of Economists--David Bradford of the Woodrow Wilson School at Princeton University and New York University School of Law,...

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