As we previously mentioned, the Senate Budget Committee held a hearing yesterday to discuss various proposals to “make the wealthiest people and largest corporations pay their fair share of taxes.” It was predictably dull and partisan. There was, however, one moment of “Oh, that’s interesting.”
It started when Senator Tim Kaine (D-VA) spoke about the concept of good tax policy, and where the tax code should go:
I think there’s a lot of big ideas about tax reform that are out there…I hope we might get into a big, structural tax reform discussion.
I’m a little bit nervous – I think we’ll …