OPINION — Washington, D.C., frequently gets wrapped up in debates over the tax code. Proposals for new wealth taxes, changes to marginal tax rates, or adjusting the estate tax capture the imagination of policy wonks. But such discussions often overlook the most important aspect of these policies — how the tax code is administered.
In practice, these administrative issues could make or break any attempt at reform, as well as the tax code as a whole. In a new paper for the Bipartisan Policy Center released today, Bill Gale, Jeff Trinca and I point to three fundamental issues with our tax system.