Bruce Bartlett on tax reform
From an article in the current issue of AARP Bulletin:
“The two tax bases that are best suited to the current economic environment are consumption and real property. The bulk of consumption consists of services that cannot be outsourced or automated; you can’t go to China for a haircut. And of course land and buildings can easily be located and taxed.”
Bruce Bartlett, author of The Benefit and the Burden: Tax Reform – Why We Need It and What It Will Take, published by Simon & Schuster, 2012.