Virtually all objections to taxation schemes spring from perceptions of unfairness. Is tax fairness possible? The question is certainly worth investigating in depth, and that is the purpose of this book. Today, as governments are busily making new tax rules in the wake of staggering budget deficits, is perhaps an appropriate time to pay heed to fairness so it can be incorporated as far as possible into tax reform. With twelve contributions from some of the world's most respected international tax experts--including the late Paul McDaniel, in whose honor these essays were assembled--this invaluable book focuses on tax expenditure analysis, the quest for a just income tax, and division and/or harmonization of the income tax base among jurisdictions. Among the areas of taxation ripe for reform from a fairness point of view the authors single out the following:rntax expenditure budget construction;rn; tax expenditure reporting;rn; modern welfare economics as a driver of tax reform;rn; grantor trust rules;rn; the notion of horizontal equity"rnthe international tax norm of "income source";rn; transfer pricing; andrn; jurisdictional application of VAT.rnSpecific ongoing reforms in the United States