Paul Ryan on Pro-Growth Tax Reform

Paul Ryan has released a series of excellent videos on the economy. He has a real knack for communicating ideas about the economy and the budget in a way that is readily understandable and appealing. Here, he offers the broad outline of pro-growth reforms in the federal tax code. The one subject he doesn’t address, however, is what constitutes a “loophole.” Most people do not put all tax preferences in that category; only ones which other people enjoy, but they don’t. Still, the basic concept of broad base and low rates is pure conservative economic policy: