Word: reformer
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...said the current academic program was still plagued by poor advising and instruction and proposed that consideration of reform continue “with some light and less heat” than at the previous Faculty meeting...
MITCHELL: The big pieces of the Bush plan are things that are consistent with tax reform. The sooner lower tax rates take effect, the better the results for the economy...
MITCHELL: The Bush Administration, I think, has a quiet tax-reform agenda. If you look at what they are doing this year, eliminating the double tax on dividends, this is an important component of tax reform. Traditionally we thought of tax reform as, Let's go from here to there, cold turkey. You can do it in incremental steps. But the Administration is doing the candy part of tax reform, not doing the vegetable part. You are getting rid of the various forms of double taxation, which everyone affected will be happy about, but you are not putting fringe benefits...
TIME: What do you hear from small-and medium-size-business proprietors about the burdens of compliance, about distortions? Is that a constituency for reform...
MITCHELL: The whole issue of commingling business and personal under tax reform underscores the importance of low rates. If you have a rate of 20%, your incentives to manipulate your expenses are much lower...