re: #429 dangerman

while of course its all about a tax cut

reducing brackets is not “simplification”

the problem is always:
defining income
defining exceptions
what deductions are

Easy peasy.

Income? You you work for a living? It’s income. You make money from money, it’s not.

Exceptions? Are you worth more than $2mm? None. Less, the 500 pages of exceptions and exclusions apply to you.

Deductions? Are you worth more than $2mm? Everything is deductible. If not, 1040EZ for you.