Wednesday, April 15, 2009
Nina Olson Says We Still Need a Simpler Tax Code - WSJ.com
Some of the items in her article are mind-boggling...
In the Wall Street Journal, Nina E. Olson begins with:
"As the national taxpayer advocate, I am required to report to Congress each year on the most serious problems facing U.S. taxpayers. With April 15 fast approaching, it will come as no surprise to many frustrated taxpayers that the complexity of the tax code tops my list.
Every year taxpayers and elected officials complain about the tax law's complexity. But despite the exasperation, no significant simplification has occurred since the landmark Tax Reform Act of 1986. To the contrary, each new tax proposal is layered onto the existing code, rendering it more complex with every new act.
Consider the following:"