@ Brookings Podcast: Reforming and Simplifying Taxes

In this week’s @ Brookings podcast, Senior Fellow William Gale discusses the need to reform and simplify the complicated tax code. Gale explains why the system should be restructured, tallies up the benefits of giving it a comprehensive overhaul, and notes the political challenges that often stymie reform. Gale also discusses a missed opportunity to reform the way employer-provided health care benefits are treated under the tax code.