Was it Lost?: Personal Deductions Under Tax Reform

It is my pleasure to be able to contribute to an issue of the SMU Law review dedicated to Charles O. Galvin. Dean Galvin has had a long career of honorable service to the law and more specifically, to law. He is associated with many ideas, prominently, the argument for a comprehensive tax base.[1] A comprehensive tax base is very good idea. Extending the tax base lowers tax rates. Divide…