Tax Policy and the Budget Problem

<p>Everyone wants the budget problem to just go away. More realistically, everyone wants someone else to pay to solve the budget problem. But we are running out of time to think more seriously. Has insufficient tax revenue contributed to our budget problem? Will we need to increase taxes to slow our runaway budget deficits and public debt? What tax tools are available? How can we increase taxes without harming the economy? We will talk to a tax expert to answer these questions.</p>