Imagine there was no income tax. It isn’t hard if you try…

But doing more than imagining is hard. Very hard. As the next chapter in my Tax Reform series, demonstrates, the federal income tax has a depressing number of upsides. Replacing it is thus more difficult than frequently advertised.

That said, replacing the income tax is also more worthwhile than advertised from a modern liberal perspective. If you want a narrower wealth gap or prefer Main St. stores to Wal Mart, you have reason to want to replace the income tax.