Bloomberg View: Does Anybody Here Have a Tax Plan?
Two candidates, no tax plan
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U.S. presidential elections often produce half-baked proposals. The campaign websites of President Barack Obama and Republican rival Mitt Romney are loaded with 10-point plans to reform everything from education and Social Security to energy policy.
But not their tax plans. Both offer the vaguest of nostrums for the most important issues of our day: What size government do we want? How will we pay for it? And how should the burden be fairly distributed?