Reforming the Tax Code

President Bush has called our current tax code a "complicated mess" and has pledged to reform and simplify it during his second term. Part of this could mean major changes, like replacing the income tax with a national sales tax. The idea has drawn criticism from some, and many lawmakers say getting it through congress would be nearly impossible. We'll take a look at our tax system, what reform would mean, and ask how people here in New Hampshire--a state with no income or sales tax--feels about it. Laura's guests are Matthew Slaughter, associate professor of business administration at the Tuck School of Business at Dartmouth and Gilbert Metcalf, professor of economics at Tufts University.