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Wednesday, November 20, 2013

Bartlett: The Most Successful Tax Reform in History

Tax Analysys Logo (2013)Bruce Bartlett, The Most Successful Tax Reform in History, 141 Tax Notes 431 (Oct. 28, 2013):

This article reviews the experience of the Shoup Mission to Japan, led by Columbia University economist Carl S. Shoup, in 1949. The bulk of its recommendations were enacted and gave Japan one of the best tax systems in the world, which laid the foundation for exceptional economic growth for the next 40 years.

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http://taxprof.typepad.com/taxprof_blog/2013/11/bartlett-.html

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Comments

And I always thought that being prohibited from having much of a defense budget, compared to spending more than the rest of the world combined on its military as we do, is what "laid the foundation for exceptional economic growth for the next 40 years."

Posted by: Bob Kamman | Nov 20, 2013 12:53:16 PM