THE EASIEST WAY TO REFORM CAMPAIGN FINANCE...:

Obama in Political, Economic Quandary Weighing Tax Overhaul (Ryan J. Donmoyer and Rich Miller, 1/06/11, Bloomberg)

President Barack Obama and his economic team are torn over whether to make overhauling the tax system a priority or relegate it to a brief mention in his annual State of the Union address, a top administration official said. [...]

One immediate obstacle is whether rewrites of the corporate and individual tax codes can be accomplished in tandem. Camp said he wants to tackle both issues together, while the Obama administration is considering addressing corporate tax policy first. Corporations paid $225 billion in income taxes in fiscal 2009, compared with $1.2 trillion paid by individuals, according to the Internal Revenue Service.

...is to stop taxing corporations.

Posted by Orrin Judd at January 8, 2011 9:12 AM