The country’s top taxpayer advocate urged Congress on Wednesday to simplify the tax code, saying it is the most serious problem facing taxpayers and that individuals and businesses spend about 6.1 billion hours annually complying with tax-filing requirements.
The analysis and recommendation are included in the 2012 report to Congress by the national taxpayer advocate, the IRS’ internal watchdog.
Read more: http://www.foxnews.com/politics/2013/01/09/irs-watchdog-tax-code-unconscionable-burden-asks-congress-to-reform-system/#ixzz2HXD5KQ95
My thought: After getting a clear mandate via the last landslide election, President Obama understands that the American people want (demand) more free stuff and that payment for said stuff must come from the rich. Therefore, he has stated publicly that now that the tax rate issue has been settled, ‘it’s time to go after all those rich people’s loopholes.’ This effort to fund the Fed will require a vast new set of tax regulations, not fewer ones. As one who is getting lots of free stuff, I’m certainly in favor of that! And seriously, don’t you think the the Federal Government is better suited to say and implement what’s good for you?