
Tax Day 2012: It’s Time for a Simple, Fair and Competitive Tax Code
Today is the deadline for Americans to file their taxes. A day that is no doubt full of anxiety and trepidation for all too many families and businesses.
Do you know how much money you owe? What income bracket you are in? What percentage of your income goes to the government each paycheck? Which tax credits and deductions you are eligible to claim? Is your family or business able to manage the overwhelming process of filing without the help of an outside source? 1099, W2, 1040, W4, 3903, 2106—the forms can seem endless.
Each year, families and businesses across the country forge through mountains of forms and receipts, attempting to properly navigate their tax returns. “Tax Day” is the day where we are all made keenly aware of how complicated and broken our tax system is.
At over 72,500 pages, our tax code has become a broken maze of complexity, bureaucracy and political favoritism, and it has to be fixed. We need a tax code that is simple and… Read More