Source: Bob Carbaugh and Koushik Ghosh, Challenge, Volume 54, Number 2, March-April 2011
From the abstract:
The suddenly enormous budget deficit has unleashed discussion of tax reform in the United States. The intricate web of deductions, credits, and various loopholes distorts incentives. But reforming the tax system could also enable the country to raise more tax revenue in economically efficient and socially just ways. The authors provide a primer about the available choices.