Toasting Tax Reform

Nice little commentary from CQ Politics (I pulled this off of the Yahoo! feed) regarding tax reform. Highly encourage a read of this:

http://news.yahoo.com/s/cq/20100228/pl_cq_politics/politics3300874;_ylt=ArUuOiaK75kksnrTg6BZqMoJZrcF;_ylu=X3oDMTJtZHJ0NDBvBGFzc2V0A2NxLzIwMTAwMjI4L3BvbGl0aWNzMzMwMDg3NARwb3MDMTMEc2VjA3luX3BhZ2luYXRlX3N1bW1hcnlfbGlzdARzbGsDcG9saXRpY2FsZWNv

The business of reform (and I call it a business because for many firms in the accounting world, reform is a huge source of business) is on the tip of folks' tongues when talking about the tax world. Simplification of the code? Let's do it, they say. Eliminate or adjust for inflation the AMT? A favorite discussion topic of Mass Tax-ed. Institute a flat tax? Not going to happen, but worth a theoretical conversation nevertheless.

At any rate, this is a nice, supporting bit of commentary to get your brain working on this Monday and start to the work week.