April 15, 2010 10:25:24 AM
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Pretty much everyone thinks the tax system could be improved, and many think it needs to be overhauled completely. How would you improve the US tax system? Whether it's a completely different structure or just a tweak to how we file, we want to hear your Tax Day Tweaks!
1st - Investment income, outside of designated retirement funds, should be treated exactly the same as income.
2nd - Loop holes for business and high earners need to be closed to level the playing field.
3rd - The system needs to be greatly simplified. The number and types of deductions, write offs, etc. need to be stripped down to only a few essentials (i.e. business improvements, children, tuition) and the rest left out.
