Reforming And Simplifying The Tax Code

Momentum is building on Capitol Hill to reform and simplify the tax code. The support comes in the wake of revelations that the IRS held up conservative political groups applying for tax-exempt status. Rep. David Camp (R-Mich.), chairman of the House Ways and Means Committee, said simplification would narrow IRS employees' discretion. He's been working with Sen. Max Baucus (D-Mont.), chairman of the Finance Committee. They hope to produce the first tax code reform since 1986. The IRS Taxpayer Advocate has been arguing for years that complexity is the biggest challenge facing both the IRS and the taxpaying public.