Home      Login

Abstract: 

While advisors are still trying to familiarize themselves with 2010 tax legislation and the implications of its expiration in 2012, another, potentially more serious tax issue may lie ahead. The compromises that were necessary to produce that legislation resulted in widespread calls for basic reform of our tax law. Lawmakers and observers of all political persuasions criticized the Internal Revenue Code as overly complex and characterized it as a burden that adversely affects the ability of the United States to compete in the world marketplace.

Keywords: 

Affiliations:  .