Bloomberg Quotes David Rosenbloom on 15th Annual Tax Lecture Series

During a recent panel discussion at the 15th Annual NYU Law School/KPMG Tax Lecture Series, Caplin & Drysdale's H. David Rosenbloom commented on whether the U.S. corporate tax system is broken and if Congress should act on tax overhaul proposals. To view the complete article, please click on the link above to view a PDF.

Excerpt taken from the article.

A Broken System?

Prof. H. David Rosenbloom, also of NYU Law School, said the fundamental question is what people are talking about when they talk about tax reform.

"I don't think anything about the individual tax system is broken," he said. "I understand that it is complex, but that affects a relatively small number of people."

The bigger question, he said, is whether so much attention should go to revamping the corporate tax system when other issues are perhaps more critical.

" ‘Broken' is language that is too extreme," he said. "There are a lot of things in life that don't work perfectly and this is one of them."