Jul 12, 2017

Why Reform the Tax Code? Complexity

Post by Freedom Partners

Why do Americans need tax reform? Our tax code is so complex it is costing Americans an enormous amount of time and money to comply.

Just how complex in the U.S. tax code? It’s millions of words long, requires billions of hours in tax preparation, and costs taxpayers billions of dollars in compliance costs.

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Freedom Partners continues to urge Ways and Means Chairman Kevin Brady (R-TX) and House leaders to unify Americans around a plan for comprehensive tax reform, focusing on the principles of a simplified, more efficient, equitable and predictable tax code – without placing new burdens on taxpayers.