The contentious issue of tax reform is the topic of this show. Aaron Harber and Mark Udall discuss whether the US economy is in recession and Mark outlines his views on the need for fundamental policy change, both from the government and the private sector. Aaron and Mark talk about the implications of the falling value of the US dollar and the "borrow and spend" mentality. Mark details recent legislation which he believes steps in the direction of reform and discusses his belief that balancing the budget and reducing the deficit cannot be accomplished solely through revenue raising. Mark argues for budget honesty whereby government clearly explains to the people how revenue is used and what return on investment can be expected. Aaron and Mark discuss estate tax reform and Mark emphasizes the need for changes to the tax regime which will render it simpler and more efficient.