After leaving negotiations on raising the debt ceiling this week, House Speaker John Boehner said, "Comprehensive tax reform ... is under discussion."
Next week, the House and Senate tax-writing committees will hold a joint session on tax reform for the first time since 1940.
The idea of tax reform has been tossed around Washington left and right the last few weeks. Most Democrats and Republicans agree that the tax code is unfair and overly complex. But what exactly is wrong with it? What are lawmakers planning to do it about? And could a bipartisan deal actually solve the fiscal crisis?
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