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No simple way to prepare complexity

October 05, 2009

Monica Lawver gets the debate over preparer regulation right, I think:

I know I sound like a broken record, but I just keep coming back to what I believe to be the real problem: complexity.

As long as the tax law is such a horrendously complicated mess, there will always be problems with preparation, and all the CPE and barriers to entry in the world will just make the system even more expensive.

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Comments

Thanks Joe! Although I don't know how great it is to be right about such as terrible problem. Are you going to write the White House with suggestions for simplification that don't significantly reform the code? Man, that seems like a paradox...

P.S. You look so serious in your new Twitter picture. Very thoughtful. What were you looking our the window at? The film people?

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