Tax reform under the second Bush administration will most likely take the form of piecemeal tax cuts, according to participants in a tax panel sponsored by the Council for Electronic Revenue Communication Advancement, a government-private industry trade association. President Bush has said that he would appoint a panel to recommend changes to the tax code that would make it simpler, fairer and less burdensome.
"We're in tax reform where we were four years ago on Social Security reform," said Grover Norquist, president of Americans for Tax Reform and a member of the National Commission on Restructuring the Internal Revenue Service. The hard-line conservative Norquist was formerly an economist with the U.S. Chamber of Commerce.
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