I think it's what they meant by "tax simplification." All these deductions and write-offs are one reason the tax code is over 75,000 pages long. *Nobody* can digest 75,000 pages of bureaucratese. And it's an injustice that every American individual, small business, and corporation is forced to do so every year!
I'd prefer they scrap that whole damned tax code and institute of flat tax, no deductions, no write-offs, no nothing -- just 10% from everybody. The billions of dollars and man-hours saved each year in tax compliance would be a boon to the economy!
We'll see how far they go in reducing those 75,000 pages. Not holding by breath....
I agree with you. If this was a simple Fair or Flat Tax reform I would support it.
It ain’t.
Include Soc Sec and Medicare and amke it a flat 15% for everybody even welfare chencks and I’m in.