Mitt Romney’s economic plan is largely based on a whitepaper written by several “heavyweight” economists. The problem is, it's riddled with fundamental flaws. Here are six points where Mitt Romney and his economic advisers are mostly wrong about what ails the American economy and how to fix it.
As it stands, Mitt Romney's tax reform proposal is a bad idea. But with a little tweaking, it could work.
Tax policy is ultimately about changing the way people behave. And to do that, you need to understand more than just economics. It's not enough to limit the "tyranny of lawyers." Effective reform requires to cooperation of both lawyers and economists.