Tax Code Ripe to Be Revised at Last

November 25, 2012

The departing commissioner of the Internal Revenue Services, Douglas Shulman, agrees that the tax code is too complex and ripe for an overhaul, in a Wall Street Journal article published Nov. 13.

Shulman says lawmakers have “loaded up” the current tax code with breaks, and ‘in some ways they’re the definition of complexity’ and could be paired back.