[Zon]

Thanks for the post.

Under questioning from the panel members, Greenspan suggested that a hybrid system combining elements of consumption and income taxes "might be the best route to go" given the political difficulties.

No more compromising integrity and honesty for politics, political agenda and parasitical politicians and bureaucrats.

Greenspan said tax reform efforts will inevitably require tradeoffs among competing objectives that "will create both winners and losers."

Only because congress and the IRS created artificial winners and losers. Not real winners and losers based on each individual's ability to make their way in the world. Which would occur with far fewer losers than the government artificially created.

Greenspan said that "tax code drift" since an overhaul in 1986 has confronted taxpayers with substantial complexity.

It's a quagmire.

[SierraWasp]

I read what you fonted in blue and had intended to comment on it as I posted the article.

Is it just me, or do I perceive correctly that the vast majority of "political difficulties" are generated by Democrats?