Somehow the concept of revenue neutrality has become a fundamental principle of tax reform. . . .
The principle of revenue neutrality says that you can change your tax system all you want as long as it collects the same amount of revenue. See? Then...
In 1963, Nicholas Kaldor published a paper in Foreign Affairs about the ongoing fiscal problems of poor countries, entitled " Will Underdeveloped Countries Learn to Tax? " It turns out Kaldor should have aimed this advice at his own country...