Congress Achieves the Impossible on Tax Reform

Bloomberg View: “In their rush to pass something, anything, that they can call ‘tax reform,’ congressional Republicans have achieved the impossible: They have made an awful plan even worse.”

“The end result is sheer absurdity: a reform that actually complicates the tax code further, and that must contradict itself and partially self-destruct to attain some semblance of the fiscal discipline Republicans claim to value. It’s hard to imagine a more egregious waste of time and energy, or a worse outcome for taxpayers and the broader economy.”