No. of Recommendations: 1
This was Fareed Zakaria's special report tonight on CNN. It will repeat later this evening. It's quite good, in my opinion.

I've always thought this...

Paul O’Neill, Treasury Secretary under George W. Bush:

I don't want people to pay taxes if they have $20,000 a year in income, but at $30,000, I might like for people to pay $1, just $1, so they have a - a legitimate claim for saying, "I'm part of the society and I don't pay a lot, but I do pay something."

Everybody participates and there's no game playing. It's a very efficient way to raise revenue.

Right now, it costs us $431 billion a year to administer the tax system we have. And the tax gap, the money we're not collecting that's theoretically owed, is $400 billion a year. We could do better than that. We can think better than that. And the president needs to lay that out for us.

Someone on the program, I can't remember who, said campaigning and leading are two different skill sets. We have in the White House someone who was a good campaigner but a piss poor leader.
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