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Friday, June 10, 2011

ABA Tax Section Chair Challenges Congress: Put Tax Lawyers Out of Business

Tax Analysts Amy S. Elliott, ABA Tax Section Chair Challenges Congress to Put Tax Lawyers Out of Business, 2011 TNT 112-8 (June 10, 2011):

The chair of the ABA Section of Taxation, unfazed by the prospect of losing 22% of the section's membership -- which occurred after the enactment of the Tax Reform Act of 1986 -- said June 9 that the tax code is in desperate need of another overhaul.

"The goal that Congress ought to have is to put as many of us out of business as possible. Now I say that with full confidence that it's not going to happen," said Charles H. Egerton. Although Congress may stop short of completely restructuring the code, he said, "we'll have to reinvent ourselves. That's a price we need to be willing to pay."

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This is parody, right?

Posted by: Jake | Jun 10, 2011 3:40:30 PM

No, it's self agrandizing rhetoric by Mr. Egerton. Anyone who thinks changes in the tax code will have a long term impact on the number of tax professionals needs to study the history of taxation, over millenia. Tax rules are made to be manipulated.

Posted by: anon | Jun 10, 2011 4:46:53 PM

I don't know about him, but I have a mortgage to pay. Maybe I will go to work for the ABA if I can't find work.

Posted by: anon | Jun 11, 2011 6:47:22 AM