We actually produced, I would argue, one of the most detailed proposals for comprehensive personal income tax reform a couple of years ago. I'd be happy to send a copy of that report. The thrust of the report is that we've seen an enormous amount of complexity in the personal income tax system. We've actually done reports measuring that complexity using various methods, and I'd be happy to share that material as well. We've become as a country less competitive in our personal income tax system, and of course, this is against a backdrop of our not having significant growth. We're entering a period of slow growth.
So having a comprehensive package that reforms our personal income tax system achieves multiple ends. It makes our system more competitive, it makes it simple, and it can provide the economic jolt we need. We've provided a road map for how the government can do this. In fact, I was actually quite encouraged when the current government set out a plan to review the tax code and do away with much of the complexity, but what's happened in practice, though, is the government has eliminated some of these special preferences in the tax code, with small business measures being one of them, but has not concurrently enacted other changes to the system to help counteract whatever it's done, whether it's removing tax credits or special preferences. It's really retained that revenue. And part of a comprehensive tax reform package, which we saw in 1987 in this country, would involve a concurrent reduction in marginal tax rates. In fact, we've seen the opposite happen.
I'd be happy to share the specific plan of how we can simplify our system quite dramatically and provide the efficiency gains we need.