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07/15/2012

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He says again, "Good fences make good neighbors."
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Nice post and right to the point. I am not sure if this is actually the best place to ask but do you folks have any ideea where to hire some professional writers? Thanks in advance.

Adi Venkata

Great article Professor & Judge. I think this is one of the most pragmatic analysis devoid of political shouting that i have seen in a long time.

My point is that tax reforms has to start with the basic question. What is income? With the lower capital gains tax and dividend tax, government has created a class system in income and thus we are seeing a proliferation of loopholes and flight of income to capital gains (thru ESOPs). Instead of different rates, why not adopt the same rate and once the tax revenue hits a particular % of GDP (let's say 20%), the overall tax rate for all reduces.

Between income classes & tax loopholes, they create the complexity of the American tax laws. Simplify it and most of the country will benefit from it

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