Can I use your phone? is tylenol pm bad for your heart Tax reform is the ultimate win-win. It levels the playing field by removing the advantage of lawyered, lobbied interests. It eliminates myriad distortions in capital allocation and lowers marginal rates â both of which spur economic growth. And it simplifies the code, thereby reducing the arbitrary and unaccountable discretion of IRS bureaucrats. The House Republicans are preparing a 25% cut in the IRS budget. This is silly and small. It will change nothing. Radical simplification of the tax code will change everything.