Jump to ContentJump to Main Navigation
100 Million Unnecessary ReturnsA Simple, Fair, and Competitive Tax Plan for the United States$
Users without a subscription are not able to see the full content.

Michael J. Graetz

Print publication date: 2008

Print ISBN-13: 9780300122749

Published to Yale Scholarship Online: October 2013

DOI: 10.12987/yale/9780300122749.001.0001

Show Summary Details
Page of

PRINTED FROM YALE SCHOLARSHIP ONLINE (www.yale.universitypressscholarship.com). (c) Copyright Yale University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in YSO for personal use.date: 02 July 2022

The Case for Fundamental Reform

The Case for Fundamental Reform

(p.3) I The Case for Fundamental Reform
100 Million Unnecessary Returns

Michael J. Graetz

Yale University Press

This chapter discusses the need for fundamental tax reforms in the United States. It argues that except in extraordinary circumstances, the minimal requirement for a tax system should be that it raises sufficient revenue to pay for government expenditures. A good tax system should do so fairly, keeping its costs of compliance and administration as low as feasible, and finally, should promote freedom by interfering minimally with private decision making. The chapter argues that the tax system of the United States fails on every count. It also argues that the time for fundamental reform has come, and that if the U.S. government does not solve the problem of a grossly inefficient system of raising revenue, all the other challenges it faces will eventually be overwhelmed by one overarching reality, which is of having too little money and lacking the means to raise it without damaging the economy.

Keywords:   tax reforms, tax system, administration, decision-making, revenues, economy

Yale Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.