The US tax code, it appears, has no friends.
How is the tax code changing under Obama?
Timothy Geithner: Obama will look at changing tax code next year
Will Obama call for tax reform in the State of the Union?
.At a congressional hearing Thursday, members of both parties joined in calling the current system burdensome, unfair, and a hindrance to job creation. So did five expert witnesses.
The hearing underscored the reasons the tax code is suddenly a focus of bipartisan discussion – an issue that both Democrats and Republicans see as a priority for the economy. A fundamental overhaul of the tax code for the first time since 1986 no longer seems out of the realm of possibility.
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