Monday, June 9, 2014

Tax Simplification Hearings - 2014

Annette Nellen at 21st Century Tax has written a post on Congressional hearings this summer on tax reform. The Senate Finance Committee, led by Senators Wyden (D-OR) and Hatch (R-UT), will consider topics including:


  • Education incentives
  • Identity theft and privacy
  • "Modernizing" corporate taxation
  • Tax simplification
As I mentioned in a comment on Annette's blog, I would like to see Silicon Valley weigh in, particularly on tax simplification, with ideas to simplify the code and technology to simplify tax filing. I have discussed this before, including the great potential to use (big) data from hundreds of millions of actual filings to simplify tax law and the practice of filing.