She has previously identified tax-code complexity as a top problem for taxpayers.
The combination of growing tax code complexity, last minute tax tinkering, and underfunding of taxpayer service at the IRS, she argues, burdens honest taxpayers and leaves ordinary folks suspicious of the system and readier to fudge themselves.
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Treasury Secretary Tim Geithner's tax troubles--a result, his handlers had said, of tax code complexity--underscore the need to drastically simplify that code with a flat tax, where a return can be filed on a single sheet of paper or even a postcard.
Treasury Secretary Tim Geithner's tax troubles--a result, his handlers had said, of tax code complexity--underscore the need to drastically simplify that code with a flat tax, where you could file your return on a single sheet of paper or even a postcard.
Out of 75 business problems, owners cited tax code complexity, frequent changes in the tax code and the depletion of earnings needed to grow the firm as 6th, 7th and 8th, behind health-care costs, uncertainty about the economy, energy costs, uncertainty about government policy and the cost of regulations and red tape, rounding out the top five.
Instead of Congress radically streamlining the tax code, we instead operate under a code where complexity is patched over with ever-greater levels of complexity.
The AMT does not exist to simplify the Code, it exists because of the complexity of the Code.
Just to put all this in perspective: Even while such tax-code craziness and complexity is at an alltime high, marginal rates are at near historic lows.
The problem with the Internal Revenue Code is its complexity.
The composite application has to have logic to handle these differences, meaning more code or modeling and more complexity.
Quite apart from incentive effects, progressive taxation has contributed to hideous complexity in the tax code.
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For decades, sharp tongues on the bench have lashed at the stubborn complexity of the tax code.
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Controversy over IRS scrutiny of conservative groups that had applied for tax-exempt status has also spotlighted complaints about the complexity of the tax code and proposals to overhaul it.
The company provides engineering services to offload the complexity of maintaining multiple code bases which has proven to be a common issue for smartphone manufacturers, freeing the manufacturer to focus on hardware design and integration.
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He believes we need to -- that we can lower our corporate tax rate without diminishing revenues if we go after a lot of the loopholes that exist, a lot of the complexity in the tax code that exists.
Democrats and Republicans complain about the complexity of the federal tax code, but serious reform has been almost nonexistent.
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The mind-boggling complexity of the current tax code helps large corporations with lawyers and accountants devise the best tax-avoidance strategies money can buy.
Which candidate will review every line of the tax code and regulation to assess its relevance and its complexity?
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No, it's not just the absurd complexity of the U.S. Tax Code that has driven more than one-half of individual taxpayers to seek professional help completing their returns.
"Although the proposal does include some positive language for small-business tax credits, NSBA believes firmly that the only way to ensure fairness, transparency and eased complexity of the U.S. tax code is broad reform, " Todd McCracken, president of the NSBA, said in a statement.
But Obama has no interest in ending this complexity, and he has no problem with using the tax code to pick winners and losers.
Unlike a fine wine, the tax code has not aged well, and the current system has reached staggering levels of complexity.
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The last overhaul of the tax code was more than a quarter century ago, and there is a need to get rid of its unnecessary complexity.
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