But President George W. Bush has pledged to halve the federal budget deficit, avoid tax increases and reform the tax system all at the same time--all promises he's likely to repeat in tonight's State of the Union address.
Better still would be an effort to reform the tax system and relax labour laws that still hold back the economy.
Others will reform the tax system, make it easier for state and municipal governments to fire workers, and protect federal revenue from transfer to lower tiers of government.
But Mr Strauss-Kahn had done little more than begin his efforts to loosen up the labour market, reform the tax system and overhaul the pension system against fierce resistance from the left.
This article explains how we came up with our conclusion and why we urgently need to reform our tax system so that it finally fits the way value is created in the digital economy.
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And then we continue to debate how we move forward to reduce our deficit in a balanced way, how we move forward to get our health care spending under control and reform our tax system.
But in between came the defeat by the unions of Christian Sautter, Mr Strauss-Kahn's successor, in his attempt to reform a tax system which has different institutions for assessment and collection and is therefore both inefficient and costly.
The Treasury Department should be instructed to produce a plan to reform the federal tax system.
We can take several immediate steps to reform our archaic tax system and give Americans back the fruits of their labor.
On the issue of taxes, corporate taxes, the President has made clear that he believes we need to reform our corporate tax system.
"We will reform the corporate tax system by simplifying reliefs and allowances, and tackling avoidance, in order to reduce headline rates, " said Mr Osborne.
The Bush Tax Cuts should be continued until we reform our entire income tax system to remove all preferences and loopholes in return for lower tax rates.
Expected negotiations next year on a broader reform of the tax system would be "revenue neutral, " meaning the changes would result in no increase or decrease of overall tax revenue, Carney said.
"First, we urge the government to implement supply-side reforms - particularly reform of the tax system, measures to encourage private sector investment in infrastructure and introducing more flexible employment laws to facilitate businesses' ability to react swiftly to volatile conditions, " he said.
While Senate GOP leader Mitch McConnell gleefully brags that his goal for the next two years is to defeat the president, Obama can say his is to reform a broken tax system and put America back on a sound fiscal and economic foundation, setting the stage for a new era of growth.
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The tax system desperately needs reform and the last major tax reform, in 1986, started with a Treasury blueprint.
This is fine for now, leaving more comprehensive tax system reform for some future date.
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It plans to reform part of the tax system in isolation, when it should be thinking about the system as a whole.
Finalize proposals for tax and social security system reform before the end of FY 2011, including raising the consumption tax rate to 17 percent and basic pension benefits of 70, 000 yen per month for all persons 65 years and older.
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And his manifesto includes proposals to simplify the tax system and reform state pensions.
The Republicans claim they are ready to reform Social Security and the tax system.
Conservative Republicans have long championed the privatisation of Social Security and a wholesale reform of America's tax system.
Even if Germany manages to reform its much-despised tax system after this September's election, many fear that the country's corroded tax-paying ethics will take years to recover.
The Tax Reform Act of 1986 was a massive reboot of the income tax system.
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We've agreed that tax reform should result in a system that is as progressive as the current one.
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The proposal on social security system and tax reform is supposed to be drafted by a government-DPJ working group.
Without making specific policy recommendations, Mr Obama said the US must overhaul the tax code, reform its education system, revamp the voting system and address climate change.
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On the tax side, the President has called on Congress to work with the administration on corporate tax reform, to simplify the system and eliminate special interest loopholes.
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