U.S. Tax system lacks clarity
U.S. Tax system lacks clarityWashington Post columnist Robert J. Samuelson observes the tax code has become so convoluted that 60% of taxpayers rely on professionals to do their taxes for them. Samuelson notes the confusion is perpetual, since Congress has made 15,000 changes to the tax code in the past 20 years, and concludes the recent round of tax cuts create a boomerang effect, setting the ground for "public cynicism and discontent."
posted by Victor Lloyd Smith @ 5:07 PM
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