News & Press Release Distribution Service
Obama to work on eliminating tax day dread with ’simpler tax code’
2009-04-15 17:42:01 (GMT) (Caymanmama.com - Accounting Sector Top Stories News)
During a White House event Wednesday, Obama said he is working on “a simpler tax code that rewards work and the pursuit of the American dream.”
Jacksonville, Florida (CaymanMama.com) — President Barack Obama knows the stress that tax-filing day can cause to taxpayers and wants to take the dread out of the deadline.
During a White House event Wednesday, Obama said he is working on “a simpler tax code that rewards work and the pursuit of the American dream.”
“For too long, we’ve seen taxes used as a wedge to scare people into supporting policies that increased the burden on working people instead of helping them live their dreams,” Obama said. “That has to change, and that’s the work that we’ve begun.”
During the gathering, Obama also met with several working families to mark Tax Day and to send a message that he is diligently working to make the tax code more fair and less complex.
Obama acknowledged that April 15 “isn’t exactly everyone’s favorite date on the calendar,” reminded taxpayers that the day should serve as a reminder to leaders in Washington that they have a responsibility to those who got them in office in the first place.
Obama announced that he has asked his economic advisers to complete a comprehensive review on how to simplify the tax code and report back to him by the end of the year.
“We need to simplify a monstrous tax code that is far too complicated for most Americans to understand, but just complicated enough for the insiders who know how to game the system,” Obama said.
“It will take time to undo the damage of years of carve-outs and loopholes. But I want every American to know that we will rewrite the tax code so that it puts your interests over any special interest. And we will make it quicker, easier, and less expensive for you to file a return, so that April 15 is not a date that is approached with dread each year.”
CaymanMama.com - Press Release Distribution Service
Comments
Articles
- Child Custody: A Guide to the Holidays for Separated and Divorced Parents
- Raleigh Divorce Lawyers Create Web Portal with Info on North Carolina Family Law
- Child Support in North Carolina: Part I
- Be Instantly Accessible With The Right Legal Website Design
- Vlogging an Emerging Internet Marketing Trend for Lawyers
- The Importance of a Law Firm’s website URL For SEO
- SEO Maybe the Most Cost Effective Marketing for Lawyers
- Simple Steps for Great Law Firm Internet Marketing
- Weighing SEO and PPC for Law Firm Marketing
- Social Media Marketing Reaches Audience More Effectively
Other News / Press Releases
- RetirementAccount.net Launches Site Focused on Self Directed IRA Rollovers
- National Cost Expands Services and a No-Fee Guarantee for Businesses
- White Horse Advisors Announces Asset Management Services
- Trey Prophater Joins the White Hores Advisors Team
- Free Tax Return Contest from Express Tax & Bookkeeping Services
- Selling Your Structured Settlement - When Should You Expect Your Money?
- $9 Debtor Education Program Recognized as Personal Finance Management Course
- Annuity Transfers Releases History of the Structured Settlement Industry
- Express Tax & Bookkeeping Launching QuickBooks Seminar
- Obama to work on eliminating tax day dread with ’simpler tax code’
