ST Alpha - "What if it makes the tax code simpler, cuts down on -- or eliminates -- the needs for an accountant, and also involves an overall rate cut?" (Reading a Post)

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What if it makes the tax code simpler, cuts down on -- or eliminates -- the needs for an accountant, and also involves an overall rate cut?

Posted by ReluctantCynic (aka ReluctantCynic) Nov 2 '17, 10:05

That would be better, at least if the government programs providing help to the working class and low income folks remain intact.

Essentially, I can see a lot of ways where eliminating deductions would actually be a benefit to middle class and working class folks.

https://www.theatlantic.com/business/archive/2017/05/shame-mortgage-interest-deduction/526635/ (www.theatlantic.com)

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- I can provide a specific example (for me personally). - ReluctantCynic Nov 2, 10:33 1
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What if it makes the tax code simpler, cuts down on -- or eliminates -- the needs for an accountant, and also involves an overall rate cut?

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