Our tax system has become so incredibly complicated, so byzantine, that even someone who really knows their way around an accounting textbook has a hard time getting everything rig...
there are many incentives in the tax law related to education which have different income phase-outs
It's a whole lot harder to use the code to your advantage if you're a middle-class individual...
There is a need to coordinate the various education incentives in order to simplify these provisions
It seems to me there is a disparity in terms of fairness.
Suffice it to say, there is kind of a bundle of these tax provisions that eliminate a substantial amount of investment r...
taxpayers view this difference as unfair since many more taxpayers can claim mileage for charity
I can tell you a bipartisan majority here on the Finance Committee does not believe investment in real estate is evil.
The phase-out of benefits for high-income taxpayers should be made uniform across all similar incentives
I am right there with them.
It would aid in simplification if modified adjusted gross income for similar provisions could be made uniform