Paul L. Caron (Cincinnati) and James R. Repetti (BC): Occupy the Tax Code: Using the Estate Tax to Reduce Inequality. Edward D. Kleinbard (USC): Why Tax Revenues Must Rise. Thomas L. Hungerford (CRS): Reducing Federal Budget Deficits: Considerations. From National Affairs, Glenn Hubbard and Tim Kane on regaining America's balance: Only by changing the actual process of budgeting can we reach a bipartisan solution to our crushing deficits and debt. Tax Code 2.0: Extreme complexity is the new simplicity. Read my lips, yes, new taxes: The EU has passed a financial transaction tax — what’s America waiting for? Jason Stanley on philosopher kings and fiscal cliffs: Exploiting the public's confusion about fiscal policy for political advantage is a danger not just to the economy, but to democracy.