Since 2001, there have been nearly 5,000 changes in the tax code - TopicsExpress

Since 2001, there have been nearly 5,000 changes in the tax code — about one a day. No individual can keep up with it all. And all that complexity isnt free: It costs us $170 billion annually to fill out our taxes. Enough. Weve said before: we support a flatter, fairer tax, with lower taxes for all, paid for by spending cuts — not new taxes like the recent bipartisan gasoline tax hike. Even basic tax reform, say economists, would be a winner. Just this week, a new study by the National Association of Manufacturers estimated that if tax reform were passed, over 10 years the economy would grow by more than $12 trillion relative to Congressional Budget Office projections, investment would increase by more than $3.3 trillion and the economy would add 6.5 million jobs. Other studies find similarly large gains. Read More At Investors Business Daily: news.investors/ibd-editorials/011515-734954-ted-cruz-says-tax-reform-should-begin-by-getting-rid-of-irs.htm#ixzz3P1cnJ9VD Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook

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