Mr. MARCHANT. Mr. Speaker, this week, American citizens and businesses across the country will be surprised by the amount of their annual tax bill.
This surprise is a direct result of a staggering 4 million-word tax code filled with confusing deductions and loopholes that make it difficult to understand and file tax returns.
The basic fact is that the tax code is overly complex and out of date. It places an enormous burden on families and businesses and needs to be reformed and simplified.
Families and businesses paying taxes throughout the year should not be burdened each April by an additional round of time-consuming and expensive tax filing headaches.
Americans deserve better.