The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  https://boards.fool.com/i-am-completely-disgusted-with-the-complexities-31701949.aspx

Subject:  Re: Okay, this is a first... Date:  4/7/2015  10:22 AM
Author:  lorenzo2 Number:  122367 of 132473

I am completely disgusted with the complexities of our tax code.

I've posted this in years past, but it seems like a good time to post it again. My idea for tax reform:

All it takes is one law, which says simply that all members of congress must prepare their own tax returns. They can't use a CPA, an EA, or any other tax professional. They can't use TurboTax or other tax software. They gotta do it themselves, the old fashioned way: with pencil and paper, guided by IRS publications and form instructions. I'll let them use a calculator. And their returns will be audited by the orneriest knuckle-dragging thugs the IRS can round up. I guarantee that taxes will get simple in a hurry.

Lorenzo
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us