Friday, April 29, 2005
Today is the deadline for submitting comments to the President's Advisory Panel on Federal Tax Reform on how to reform the tax code:
"At our six public meetings that were held all over the country, we learned about the complexities of the tax code and its impact on taxpayers," stated Senator Connie Mack, Chairman of the President's Advisory Panel on Federal Tax Reform. "This request for ideas to reform the tax code marks a shift of our focus from defining the problems in the current code to considering options for reform. We will be reviewing specific proposals for reform that have been offered in the past as well as new ideas that are submitted. We expect to hold more public meetings in the coming months to discuss these options and alternatives."
This is the Panel's second specific request for comments. In connection with its first request, the Panel received thousands of comments describing complexities and burdens, unfair aspects and distortions in the current tax system.
For details on how to submit comments to the panel, see here.