GOP Bills Remove Some of the Tax Code’s Complexities

As Republican’s progress towards tax reform one goal is to remain at the forefront. Tax simplification. Part of the Republicans pitch for tax reform is that 9 out of ten Americans would be able to fit their taxes on the size of a postcard. Although that goal is somewhat unrealistic the GOP effort is making huge strides toward a more simple system. “on simplification, it’s actually pretty good,” said Lawrence Zelenak, a Duke University law professor. “It gets rid of several things which add a lot of complexity for a lot of ordinary taxpayers.” Simplification is great for a majority of the country. However, simplification doesn’t always mean lower taxes.  Some families would benefit from a more complicated tax code that deducts for itemized items and has a lower standard deduction.  “They’re not going to solve complexity overnight,” said Andrew Moylan, executive vice president of the right-leaning National Taxpayers Union Foundation. “It’s not perfect, but we’re definitely moving in the right direction.”

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