Wednesday, September 07, 2005

Paris Hiltonomics

For the ones that love this "American tax comedy", here is an editorial from WSJ about the repeal of the US estate tax, which some call it the Paris Hilton Benefit Act. What I like in the US (and I see less in Europe) is not only the capacity to approach some of this technical issues in a national newspaper but also the capacity to simplify and summarize the issues’. “The simplification of anything is always sensational” (even though in technical issues like tax it can be tricky to simplify). But I cannot forget one tax professor holding his tax code and saying "I hold in my hand 1,200 pages of tax simplification."
For the WSJ opinion


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