The U.S. Needs Tax Reform....And a Big Tax Cut

Does the U.S. need tax reform? It most certainly does. But there's more. The U.S. also needs a big tax cut.

Republicans love talking about the achievements of President Ronald Reagan, and rightfully so. But when it comes to taxes, it pays to be clear about what was achieved during Reagan's time in the White House. First, there was a big tax cut, and then there was tax reform.