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To: JDN who wrote (146283)	11/9/2005 5:49:26 AM
From: John Carragher	Respond to of 793838

oh, it is a lot easier,, like a postage card for individual returns. they took out several line items and now one line item family credit. i believe that includes exemptions, standard deduction, child credits, earned income credit. etc. dividends are eliminated not taxed, soc sec i think may be eliminated.. i am trying to find detail on that one. but i think the tables to calculate if soc sec income tax or not is gone. of course none of this really matters because these proposals are going no where imo.

To: JDN who wrote (146283)	11/9/2005 7:59:35 AM
From: Lane3	Respond to of 793838

I saw nothing in those PROPOSALS that would lead me to believe that the tax return would be any simpler except that even more people would be pushed into the standard deduction over itemizing. In the report there is an image of a two sided "postcard" and everything fits on it. Since it's two sided, I assume that it was intended to be folded together with the address on the outside. It wasn't clear to me how they plan to handle supporting documentation. It looks like you still need to do the worksheets, you just don't send them in. Maybe that's how they get to claim that the return is a "postcard." Re standard deduction, that's gone.