“Any substantial tax reform would involve substantial redistributions of tax burdens and substantial changes in asset values, and you need some 'lubrication' (i.e., transition rules).”
Quote by Robert Reischauer
Author
Robert Reischauer
Robert Reischauer is a distinguished economist born in 1941. He has a strong academic background and extensive practical experience in the field of economics, focusing on macroeconomic policy and international economic relations. Reischauer served as the Director of the Congressional Budget Office and held senior positions in international organizations such as the World Bank and the International Monetary Fund. more
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