And a dead weight on the economy! We have the 2nd highest taxes in the world. If you call the IRS hot-line 25-30% of the time you’re gonna get the wrong answer (and they’ll hold you responsible)! If you doubt it try calling the IRS with a specific question (OK, maybe if you’re unemployed or bored), then try it 3 more times. I’ll bet you get at least a couple of wildly divergent answers.
Enjoy this week’s installment on tax reform! Be sure to see my Tax Reform Videos (Categories in the right side panel) to raise your tax reform IQ!