The tax plan proposed by Democratic presidential candidate John Kerry at Wayne State University on March 26 is an ingenious set of ideas to encourage domestic job creation. Its greatest strength, however, may be its contribution to long-term economic growth, fairness, and tax law simplification. In this article I will first describe the Kerry proposal, then analyze its advantages, and finally address some counterarguments.
Avi-Yonah, Reuven S. "The Ingenious Kerry Tax Plan." Tax Notes 103, no. 4 (2004): 477-9.