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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (146105)11/8/2005 6:18:23 PM
From: TimF  Read Replies (1) | Respond to of 793801
 
Any tax reform will mean higher tax bills for some, if it isn't also a big tax cut.

Since we have a system with lots of special benefits and credits, any serious reform will be likely to bring higher tax bills to those who currently pay less because of the benefits and credits.

Under the plan, taxpayers' filing wouldn't necessarily become simple. "If you have the most confusing thing known to man and you make it somewhat easier, it's simplified. That doesn't make it simple," said Kelson, of BDO Seidman.

That is certainly true.

Tim