It is amazing to me that Reagan put in only 3 levels of taxation before he left office but now we have made it complicated again. Take a look at this video from the Cato Institute.
Uploaded by catoinstitutevideo on Apr 13, 2009
This video was produced by Caleb Brown ( http://www.twitter.com/cobrown ) and Austin Bragg ( http://www.twitter.com/habragg ).
The U.S. tax code gets more complex every year. It violates civil liberties and, left unchanged, will leave the United States at a powerful competitive disadvantage in years to come. Chris Edwards, Director of Tax Policy Studies, Senior Fellow Daniel J. Mitchell and Director of Information Policy Studies Jim Harper dissect the troubling aspects of our tax system.