Reforming the tax system would also set in motion a new economic dynamic, as the complexities and pitfalls of the current tax code were set aside and entrepreneurs and investors started looking for the best ways to invest their money rather than the best ways to hide it.

FORBES: How Tax Reform Facilitates Health Care Reform

Pitfalls to Avoid: Having too much tax withheld means providing a no-interest loan to Uncle Sam.

FORBES: 8 Opportunities in Your Paycheck You May Be Missing

The worst tax measures can be avoided because experts can point out the pitfalls in any ideas before they are law.

BBC: Gordon's 'good ship'