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The U.S. tax code currently is over 67,000 pages.

Shulman responded that he is a “big fan” of simplifying the tax code.


The most effective method for ridding the people of the 67, 000+pages and simplifying the tax code is by enacting The Fair Tax Act(HR25/S296)that will replace all federal income taxes with a national sales tax and abolish the IRS.
1 posted on 01/13/2010 3:32:52 AM PST by Man50D
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To: Taxman; Principled; EternalVigilance; phil_will1; kevkrom; Bigun; PeteB570; FBD; Voter#537; ...
Fair Tax ping!


2 posted on 01/13/2010 3:34:02 AM PST by Man50D (Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
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To: Man50D

Actually, the simplest would be the Flat Tax.

Fair Tax would require a constitutional amendment and substantial clarification of who pays, how much and on what.


3 posted on 01/13/2010 3:35:59 AM PST by taxcontrol
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To: Man50D

IRS Commissar: ‘I Find the Tax Code Complex, So I Use Enforcers!(Simplify the Taxation, All your Taxes is ours!)


7 posted on 01/13/2010 3:49:02 AM PST by Eye of Unk (Phobos, kerdos, and doxa, said the Time Traveler. “Fear, self-interest, and honor.”)
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To: Man50D
The most effective method for ridding the people of the 67, 000+pages

In essence, the complicated tax code is a white collar form of Keynesian economics. Preventing tax code simplification is the reason a powerful Accounting lobby exists.

8 posted on 01/13/2010 3:49:24 AM PST by Cheap_Hessian (I am the Grim FReeper.)
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To: Man50D
....so how long has it been since the government and numerous administrations have said that the tax code needs to be revamped? Just another example of government inefficiency,the unwillingness to solve a very basic problem with a very basic solution (flat tax).......keep the people confused and angry while stealing their money
10 posted on 01/13/2010 3:56:12 AM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Man50D
And you wonder why we have these problems:

1) Compliance costs somewhere between US$350 and US$500 BILLION per year.
2) American citizens and businesses sending US$15 TRILLION in liquid assets out of the US financial system either by participating in the underground economy or using tax loopholes to put the assets in offshore financial centers (care to explain all those "banks" in the Caribbean?) to keep them out of the reach of the IRS.
3) No incentive to save and invest since both personal savings and capital investments are subject to income tax.
4) American companies moving jobs beyond US borders for income tax reduction reasons.

This, in my opinion, is flat-out economic stupidity. With FairTax in place and the 16th Amendment repealed, we'll end all the problems noted above and get over US$20 TRILLION in repatriated liquid assets and new investment from foreigners eager to take advantage to the USA being the world's largest legal tax haven, kicking off an economic boom that would make the boom of the 1980's and the 2002-2006 boom seem like a minor event.

11 posted on 01/13/2010 4:52:12 AM PST by RayChuang88 (FairTax: America's economic cure)
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To: Man50D
The commissioner of the Internal Revenue Service, Douglas Shulman, told C-SPAN on Sunday that he uses a tax preparer to do his federal income tax return because he finds the tax code too complex to handle the job himself.... The U.S. tax code currently is over 67,000 pages.
Its too complex for me too. That's why I don't bother with those 67,000 pages.

I just decide what amount of refund I want and work backwards from there. I never get greedy, honest.


12 posted on 01/13/2010 5:17:53 AM PST by Condor51 (The difference between stupidity and genius is that genius has its limits [A. Einstein])
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