It seems like a fair amount of politicians want to reform the tax code to make it simpler and more fair. With over 13.8 million words, and over 4,428 changes in the last decade, the code has become a mess. It's up to Obama to decide on whether he wants to try and pull the code through the mainly republican house and divided senate.
If you would like to read more, here is the article link: http://www.msnbc.msn.com/id/41181142/ns/business-tax_tactics/
13.8 million words? 4,428 changes in the last decade? 10 times the size of the Bible? Wow. I'd say that's impressive if it weren't such a mess. I happen to agree with whomever thinks we should try and make the tax code simpler. With countless numbers of rules and deductions, it's no wonder the government wants to keep taking more money because we are finding all these loopholes to keep our money, which isn't bad for us as individuals, but when you look at the big picture, we as Americans are notorious for saving money. So, if we are keeping more of our money, are we putting it back into the economy, like we should be? Or are we just preventing money from circulating through, and instead we are actually pulling ourselves further and further into debt and other things like that?
comment number one, done. :)
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