According to a 2007 Tax Foundation Study, 78 percent of Americans think the tax system needs major changes.Įveryone knows the problem. One thing the large majority of us do agree on – hands down – is that our federal tax system needs serious help. Something We Can All Agree On: Our Tax System Needs HelpĬongressman Michael C. American Solutions states that 82% of Americans think the option of a single rate system would give taxpayers the convenience of filing their taxes with just a single sheet of paper.-A one page return will do away with this!Īn optional one page tax return also eliminates the marriage penalty, repeals the death tax, abolishes the AMT, eliminates capital gain taxes, and allows for immediate expensing for business capital equipment. Optional Single Page Tax Return The Tax Code has grown from 400 pages to 67,506 pages since 1913-a nearly 17,000% increase The cost of compliance for federal taxpayers-filing out returns and related chores-was $265 billion in 2005.-A one page return will simplify this.Īccording to the Tax Foundation, 83% of Americans think current federal income tax is complex. All of these things can be accomplished by offering an optional one page tax return that is simple and fast to fill out. We all should be confident that people who earn the same income, pay the same taxes. Every American should be able to do their own taxes without the help of a professional. Every American should bear the burden of taxation equally and at the lowest rate possible.
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