We've been needing tax reform for some time, but I don't think we can blame the current admin. for all that. When Reagan said that govt. is the problem, he was right ( at that point in time ). The volume that exists on Wall Street now, far out paces what existed in the 80's and regulation has been woefully inadequate. Some regulation is good -- too much is bad. Traffic lights are a good regulation I think. Sometimes, due to volume, certain traffic lights are only flashing lights during early a.m. hours. What we need is BALANCE in our laws and regulations. We do need a simpler tax code though, in a big way!