Did anybody really expect this panel to recommend something truly radical and courageous, such as a flat tax or a national sales tax? Well, some of us did have hopes, actually. Safe prediction: Anything that actually happens under the name of "reform" will make the tax code even more complicated and destructive than it already is.
Comments
You are so right Leo.
I am a returning adult college student. I am getting a degree in Business with a specialty in Accounting at IPFW. My wife is a practicing CPA.
The tax code is definately going to become even more complex...
I remember back when The Republicans wanted to balance the budget and simplify the tax code. It seems like so long ago...
Panel urges major simplifications to income tax system
A tax panel commissioned by President Bush endorsed on Tuesday an income tax system that would drastically simplify the way Americans file their taxes. However, the amount taxpayers pay under the proposed system would not significantly change from the ...