Wednesday, January 9, 2013

tax code nightmare

       I ran for Congress on a platform called the Riley Plan. One important plank was fixing the far too complicated tax code. The proposals proffered in the news today don't go far enough but at least there is a focus on simplification.The tax code is the "currency" used by politicians to maintain power and run for office. The simpler the code the less lobbying and money in Washington DC. 
    National  taxpayer advocate recently released a report on the IRS . I have attached the article link below the quote from Dave Camp.

Undaunted, the top tax writer in the House says he is determined to pass reform legislation this year.
“This report confirms that the code is 10 times the size of the Bible with none of the good news,” said Rep. Dave Camp, chairman of the House and Ways and Means Committee. “Our broken tax code has become a nightmare of loopholes and special interest provisions that create added complexities and costs for hardworking taxpayers and small businesses.”
“Comprehensive tax reform will make sure everyone is playing by the same rules and help businesses create more jobs and invest in their workers,” Camp said.

No comments:

Post a Comment