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To: Jim McMannis who wrote (196418)4/15/2009 10:55:25 AM
From: ajtj99Read Replies (4) | Respond to of 306849
 
Man, after finishing my taxes last night, I actually have some sympathy for Turbo Tax Timmy.

This year's Turbo Tax is Turbo Trash. I've been using it for at least 6-years, and this year's version was buggy as all getout.

Who do I blame for this crappy product? I'm thinking either Barney Frank, Alan Greenspan, or A-Rod.



To: Jim McMannis who wrote (196418)4/15/2009 12:11:18 PM
From: Smiling BobRead Replies (2) | Respond to of 306849
 
HE hears you and HE is on it right after HE gets back from walking the dog, painting the Oval office, and delivering some ham sandwiches to some Somalian school children
--

DJ Obama Vows To Rewrite, Simplify 'Monstrous' US Tax Code

.

WASHINGTON (Dow Jones)--With a midnight deadline looming for Americans to pay their taxes, President Barack Obama pledged to rewrite the "monstrous" U.S. tax code, which he said is "far too complicated" for most people to grasp.

"We will make it quicker, easier, and less expensive for you to file a return, so that April 15 is not a date that is approached with dread each year," Obama said in remarks prepared for delivery at the White House.

The comments, which coincided with a series of tax day "tea party" protests around the country, focused on the cuts implemented in this year's economic recovery package, including Obama's signature Making Work Pay credit.

But the president also honed in on longer-term changes he says are necessary because the tax code has been thrown "out of balance."

"We need to stop giving tax breaks to corporations that stash profits or ship jobs overseas so that we can invest in job creation at home," Obama said. "And we need to end the tax breaks for the wealthiest 2% of Americans, so that folks like me are paying the same rates that the wealthiest 2% of Americans paid when Bill Clinton was President."

Obama has asked former Federal Reserve Chairman Paul Volcker to lead a new task force on tax reform, with recommendations due to the reported by Dec. 4. The panel will look specifically at tax simplification, closing tax loopholes and reducing tax evasion and cutting corporate welfare. One of the group's goals will be to narrow the so-called tax gap, the estimated $300 billion in uncollected revenues every year.
-By Henry J. Pulizzi, Dow Jones Newswires; 202-862-9256; henry.pulizzi@dowjones.com


Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: djnewsplus.com. You can use this link on the day this article is published and the following day.



(END) Dow Jones Newswires

April 15, 2009 12:02 ET (16:02 GMT)

Copyright (c) 2009 Dow Jones & Company, Inc.- - 12 02 PM EDT 04-15-09