How to Fix Costly and Unjust U.S. Tax System
By Lawrence Summers
“Sooner or later the American tax code will be reformed…,” writes former Treasury Secretary and Harvard Kennedy School professor Lawrence Summers. “Raising revenue will be the main motivation, but at a time of sharply increasing economic polarisation, issues of fairness will be prominent too. There are also legitimate concerns about the complexity of current tax rules and their adverse effects on the economy.
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