The fiscal cliff deal is likely, according to Washington bean counters, to raise roughly $620 billion in new upper-income taxes over the next decade. In 2013, that works out to be about $50 billion.
Announcing a push for comprehensive tax reform on Wednesday, President Trump railed against the tax code’s complexity. Ninety percent of taxpayers, Trump said, need help to file their taxes. This ...
You can say what you want about Elon Musk, but he is able to pinpoint in a single tweet some of the most dysfunctional aspects of our federal government. For instance, he recently noted that ...
Nothing demonstrates the frustrating complexity and inefficiency of the United States government more than filing your taxes. The tax code is 6,800 pages (and counting), and is nearly impossible for ...
Doing a tax return, like a near-death experience, focuses the mind. It tends to leave one contemplating the meaning of things, though not necessarily the deeper aspects of life. More likely, taxpayers ...
Tim Graney’s letter to the editor regarding the complexity of the U.S. tax code (March 15) raises an important issue. The reason the tax code is so complex has a lot to do with its alleged ...
Death and taxes are the only inevitables in life, but Americans are clamoring for reform and would like to stick a fork in the complexities of the U.S. tax code. President Trump has promised numerous ...
Last month, Americans finished filing their taxes for the year. Once again, it was a massive, time-consuming headache. All told, taxpayers spent an estimated 7.1 billion hours dealing with the tax ...
The U.S. tax code has become increasingly complex, leading many to rely on software for filing. The author suggests a simpler system: a flat 10% tax on all income, similar to the biblical tithe.
According to industry reports, there are more than 130,000 tax preparation businesses with nearly 300,000 employees in the United States. For the sake of comparison, that’s roughly the amount of every ...
Nothing demonstrates the frustrating complexity and inefficiency of the United States government more than filing your taxes. The tax code is 6,800 pages (and counting), and is nearly impossible for ...