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Article: Strong arguments made for simplifying tax code

Article from:
The Pantagraph Bloomington, IL
Article date:
March 14, 2002
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Good luck to Treasury Secretary Paul O'Neill as he continues his quest to have Congress simplify the federal tax code.

This is a good time for O'Neill to talk about the tax code. As the April 15 filing deadline draws closer, more and more people have the tax code on their minds. Like a leaky roof in the rain, the complexities of the tax code draw more attention when people are filling out tax return forms.

Of course, the thrust of O'Neill's recent remarks to the Economic Club of Chicago was the impact of the tax code's "indecipherable rules" on business and the resulting "drag on our ability to create jobs."

But simplification should help individuals as well as businesses - ...

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