The government's reported plan to create a new tax collection agency - or at least restructure the Federal Board of Revenue (FBR) - may be the best example of 'old wine in a new bottle' that we have seen in years. The FBR has many problems. It is on course to miss this year's target by an estimated Rs650 billion, its tax-to-GDP ratio is stuck at 10.3%, and it fell short of last year's original goal by over Rs1.1 trillion. The agency also needs better leadership. But it doesn't need a new name, just as the........

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