Strong tax reform should benefit more than just the wealthy, and that is precisely what this reform plan does. The framework promises to simplify the tax code significantly, allowing Americans to submit their taxes on a single page. About 54 percent the country currently pay a tax preparer to do their taxes for them, and another 40 percent use tax preparation software, according to the IRS Taxpayer Advocate. Simplifying the tax code isn't just about saving time, it's also about saving them money.
Read full story here.