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November 4, 2014

To Enact Tax Reform, Make Context Personal

Ed Feulner: “Everyone’s prognosticating about the election – who will win, who will lose, and what it all means. No matter what the outcome, the winners are going to have to deal with the fact that when it comes to handling our money, Washington is out of control. Take tax reform. It’s been nearly 30 years since policymakers overhauled the code – and it shows. … Yet politicians seldom talk about the need for basic reform. When they do, they use vague terms that may use the latest poll-tested buzzwords, but don’t convey anything concrete. Or they use a huge number that sounds very impressive, but leaves listeners cold. It’s all well and good to talk about millions, billions and trillions, but these terms just wash over constituents. Without any context, people have no idea what to make of them. More importantly, they have no idea how these large sums could affect them. … No reform can catch fire unless people believe in it and press for it. They won’t do that if they don’t see how it will affect them, positively or negatively.”

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