Posted on 06/03/2004 12:01:04 PM PDT by wallcrawlr
http://burns.house.gov/html/news_item.cfm?id=210
Summary from Max Burns (GA Rep) website.
Under current IRS rules, more than 35 million Americans are prohibited from using the short form simply because they are age 65 or older. Of those, more than 15 million currently file using only the standard deduction. The Burns legislation would create the new 1040SR, allowing non-itemized filing for seniors who receive retirement income. Seniors will be able to file in less time, on a one-page form, and without being forced to annually disclose more information on their retirement savings and pension plan than necessary to determine the proper taxes due.
“It is a bizarre oversight that the IRS discriminates against American seniors using the 1040-EZ due to nothing other than age,” says Rep. Burns. “This new form will immediately make a simplified filing available to those over 62, and create a means for qualified individuals of any age who receive retirement income to file the simplified form.”
The Burns legislation makes no change in the tax code itself, so Americans using the new form would pay the same amount as under the standard 1040.
Burns has asked Congressional leadership to fast-track the legislation, and allow a floor vote in both the House and Senate this year.
H.R.4109 Title: To allow seniors to file their Federal income tax on a new Form 1040S. Sponsor: Rep Burns, Max [GA-12] (introduced 4/1/2004) Cosponsors (14) Latest Major Action: 6/2/2004 Passed/agreed to in House. Status: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 418 - 0 (Roll no. 222).
Looks like more pages to the tax code may be coming our way.
Evidently you've never heard of a college application form.
Good Lord! I've been discriminated against for 9 years and I didn't even know it.
Should I call a lawyer?
However as we simpletons know from experience with our gubmint, the 'One Page 1040SR' will wind up having 2632 pages of INSTRUCTIONS and will be the size of Seoul's phone book! (pop 10,231,217)
(thank God for the "paperwork reduction act")
You uh...have a tough time fitting that head of yours through doorways???
Strong advocate for your generation I see...
Watch it! You are talking to 35 million seniors.
With the recent court ruling in NJ that "ladies night" at bars is illegal because it is discriminatory I think you seniors should be next. It is discriminatory that seniors, by only the virtue of their age get a "senior discount" on a whole variety of products and services. It is discrimination pure and simple and we younger folk will not take it any more!
Not ALL older people like it either. I am 58 years old and will never seek or accept a discount based solely on my age.
I've already run into it too. I simply tell them that I don't accept "senior" discounts.
Senior discounts are a way of as you say, giving seniors,"...the respect they deserve."
After all, we are told they are the ones on a "fixed income".
And expect idiot legislators to tack on some form riders to slip in their own pork or to add their own agenda.
Actually, it's the other way around. The seniors of today, and the generation they spawned, are the ones who have spent their whole lives stealing the prosperity of their children. I, for example, was born 30 years ago with $20,000 of debt for money that my parents and grandparents spent for their own benefits.
The WW2 generation gets a pass in my book, for their valiant sacrifices against the totalitarians of the East and the West.
The boomer generation, on the other hand, is a generation of thieves who sold out their childrens' and grandchildrens' futures for their own personal luxury and comfort.
Wow! How can you all see the monitor?
By the time Congress gets done, 1040EZ will look just like Form 1040A or 1040. Then to simplify taxes for those who don't have to worry about IRAs and SS a new 1040EZ-er will be produced. Then seniors will complain they can't fill out that form and the process will start over again.
Or we could just go to a national retail sales tax and burn the IRS building to the ground.
Good one.
Looks like more pages to the tax code may be coming our way.
Looks like '64 will wring in morer than 56K and climbing.
Source: CCH Inc. Number of pages in the CCH Standard Federal Tax Reporter, as found on Cato website.
A Taxreform bump for you all.
If you would like to be added to this ping list let me know.
Somedays are werster than other days.
Watch it! You are talking to 35 million seniors.
Wow! How can you all see the monitor?
We put on our reading glasses.
Geez, is it possible you have "'04" in mind? :>)
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