Trump Administration Cleans up the Outdated Tax Code

The Department of the Treasury has just released a list of 300 tax regulations to eliminate. This is an overdue and commendable effort to clear out the regulatory cobwebs that hang throughout the tax code, and is part of a broader move to simplify the tax system that Trump administration officials have undertaken. They would likely be the first to agree, though, that there are still plenty of spiders lurking in the law that need to be confronted.

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