I know, you are shocked, shocked, shocked that the proposal from Congressman Dave Camp, the Republican chairman of the House Ways and Means Committee, is awful. But, good to have the facts on exactly why.

From the smarty pants people at Citizens for Tax Justice you get the failures nicely spelled out:

FAILS TO RAISE REVENUE:
Tax reform should result in more revenue collected from both the personal income tax and the corporate income tax.

And:

FAILS TO ENHANCE FAIRNESS:
Tax reform should result in a tax system that is more progressive than the one we have now.

And:

FAILS TO END OFFSHORE TAX SHELTERS:
Tax reform should result in rules that tax American corporations’ offshore profits and domestic profits at the same time and at the same rate.

There’s a lot more there but you get the picture…read it