Jason Fichtner

If your taxes are a complicated mess, you’re not alone
Americans spend too much time, money and energy each year trying to understand and follow the tax code

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.

Opinion: No News Is Bad News — The Looming Social Security Crisis
Don’t be fooled by the absence of alarming headlines

The Social Security crisis is not only real, it is already well upon us.

That may not have been obvious to everyone from the annual report issued by the program’s trustees last week. With neither a dire nor stellar update, the report inspired little passion. In fact, many might have mistaken the minor changes to mean that Social Security’s finances are now stable. But don’t be fooled: The absence of alarming headlines is anything but good news.