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Drastic simplification should be the answer. I like Colorados one-rate, five-line tax returns for all classes of income. Takes all of ten minutes to file most y
by peter303 11y ago
Drastic simplification should be the answer. I like Colorados one-rate, five-line tax returns for all classes of income. Takes all of ten minutes to file most years.
Legislatures like complex tax codes for political and social reasons. Lawyers and computers can manage the complexity fairly OK so far at a cost.
I skimmed the Oct 27 new budget bill and it contains about 100 pages of mysterious tax code changes. The language is very opaque with referring to line changes in previous laws. I can gleen that farmers, drug makers, hospitals, and hedge funds are the recipients of these changes. But lack the time to figure them out.