The present tax system is beyond repair. It is impossibly complex, outrageously expensive, overly intrusive, economically destructive, and manifestly unfair. Hoover overseer W. Kurt Hauser offers a solution—junk it.
The federal tax code does a good job of redistributing income and rewarding special interest groups. It does a lousy job of promoting economic growth. Vice Chairman of the Hoover Institution Board of Overseers W. Kurt Hauser explains why.