Analysis: Quality of tax debate isn't enhanced by electoral politics

An unfortunate aspect of heated debate in Washington, D.C., on whether to extend Bush-era tax cuts is the fact that the discussion is completely detached from a broader examination of tax reform, according to The Economist. Josh Barro, the Walter B. Wriston fellow at the Manhattan Institute for Policy Research, wrote that a practical response might be to extend the tax breaks for a few years and then take them up again when Congress isn't confronting a contentious election. "Electoral politics is poison for real efforts at fiscal reform," The Economist notes.

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