November 20, 2007 10:03AM

Tax Agency Failures

Laptops lost with taxpayer personal information. Sluggish bureaucracy. Massive fraud from tax credit schemes. Tax credits called a “nightmare” of complexity. Thousands of administrative errors and unwarranted penalty notices.

Sounds like the IRS. But it’s another country with a high‐​rate, loophole‐​ridden income tax. The United States is not the only country that needs a flat tax.