Taxing: Where There are Ways the Means of Complication are Endless

The tax code is too complicated and full of duplicative incentives, Nina Olson, the national taxpayer advocate, wrote in her annual report to Congress yesterday.

Congress apparently hasn’t gotten the memo yet.

In the legislative session that started Jan. 3, House members have already introduced more than a dozen tax bills with ideas that would make the tax code yet more complicated.

They include an employment assistance voucher program from Pennsylvania Republican Mike Fitzpatrick, limits on the deductibility of executive compensation from California Democrat Barbara Lee and a tuition tax credit for math and science teachers from New Jersey Democrat Rush Holt.

New York Republican Michael Grimm introduced a bill to offer incentives for mechanical insulation.

They might need some of that over at the tax-writing Ways and Means Committee to handle all the paper headed their way.

 

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