Bipartisan IRS reform bill heads to House floor

[brooklynite]

Source: The Hill

A House panel on Tuesday advanced bipartisan bills aimed at modernizing the IRS and boosting retirement savings, with lawmakers and outside groups hopeful legislation on these topics finally gets enacted this year.

The Ways and Means Committee approved the IRS and retirement bills by voice vote. The panel also approved a third bill by voice vote, focused on extending reemployment services to all workers receiving unemployment benefits.

Lawmakers in both parties and in both chambers have been working on IRS and retirement legislation for years, and the bills approved by the Ways and Means Committee reflect a growing consensus.

Ways and Means Committee Chairman Richard Neal (D-Mass.) told reporters after the committee markup that he thinks the odds of enactment this year are “excellent.”

Read more: https://thehill.com/policy/finance/436943-bipartisan-irs-reform-bill-heads-to-house-floor

[kimbutgar]

1. Unfortunately if this is passed and signed into law the orange maggot will take credit and

Use it to boost his re election campaign.

Catch 22 situation.

[eggplant]

2. Not really. The law will outlast him.

[oldsoftie]

3. Well, we shouldnt complain if they're actually doing something RIGHT,

even if the "shitgibbon" IS the one in office.
I wish i knew the DUer who came up with that term so i could give them credit.

[angrychair]

4. Sorry, this is horrible

In total seriousness.

ANYTHING that trump Republicans agree to pass is good for rich ppl and bad for everyone else.

Compromise is great as long as you are not the one being compromised.

[noneof_theabove]

5. only on real reform

FIETS
Financial Ingress Egress Tax System
1% of transaction In
1% of transaction Out
NO EXCEPTIONS --- EVERYONE PAYS --- EVERYTIME

Estimated Federal Income to replace big chief tablet and #2 pencil of a dinosaraus IRS === $26 Trillion / year

Oh, no forms, no H&R Block et. al., tax lawyers and we the people can but the 90,000 pages of tax code.

Simple is better.

[BlueIdaho]

6. The only reform I'm interested in

Is making all US companies pay their fair share of taxes.