Ed Royce: “according to the Cato Institute about one- half of the 10 million correction notices sent out each year by the Internal…”

“according to the Cato Institute about one- half of the 10 million correction notices sent out each year by the Internal Revenue Service are wrong. They are wrong. Yet the IRS has a very unforgiving view when others make mistakes. For example, the IRS once fined a taxpayer $46,000 for an alleged underpayment of 10 cents. That is why I have cosponsored the IRS Restructuring and Reform Act: to provide taxpayers new protections and rights to address many of the abuses spotlighted in the Senate hearings. Once we provide more protection for taxpayers, we must then simplify the current system and end the IRS as we presently know it. It is my goal, it is the Republican goal, to end overtaxation in America. It is my goal to help Americans keep more of the money they earn so they can do more for themselves, for their families, and for their communities. I ask my colleagues to join with me to make it happen, and I ask Congress to work with us to make sure Washington wastes less of our money and our families are able to keep more of what we earn.”