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Simplifying the code means regular families will be on a level playing field with those who can afford high-price tax advisers.
WSJ: Max Baucus and Dave Camp: Tax Reform Is Very Much Alive and Doable
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Why was it good policy back in December to eliminate special interest tax breaks for the wealthiest individuals and large corporations, tax breaks, advantages in the tax code that regular folks don't get and small businesses don't get -- why was it good policy then in the name of deficit reduction but not now?
WHITEHOUSE: Press Briefing
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Bhardwaj told us that the plan is for them to come at a regular cadence of one major code update per year, with other, incremental updates for specific devices sprinkled in as needed.
ENGADGET
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To join the network, recruitment agents will have to accept a code of practice and get regular training.
ECONOMIST: Internationalising American universities
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The new code calls for a senior independent director to join regular management meetings with big shareholders and report back to the board.
ECONOMIST: British corporate governance
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Moreover, with OS X, Apple has a base of stable, well-understood code that allows it to add incremental improvements, on a regular basis, for years.
FORBES: Leopard On The Prowl
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With OS X, Apple has a base of stable, Unix-based code, making it easy for Apple to plop down small improvements on a regular basis.
FORBES: Why Apple Could Unleash A New OS X
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However, taxpayers should note that Code Sec. 1411 is to follow normal income tax rules (i.e. rules that a tax lawyer or accountant might refer to as tax rules under chapter one of the Internal Revenue Code), so for ease of calculation, what is exempted from the regular income tax, such as tax-exempted mutual bonds, are also excluded from the NII sum.
FORBES: New Taxes and New Terms: How to calculate Net Investment Income under the New 3.8% Medicare Surtax
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House Majority Leader Dick Armey has proposed bills requiring the entire tax code to sunset every five years so lawmakers are motivated to come up with a better system on a regular basis.
FORBES: Don't Be Afraid To Die In 2011