This blog by a tax professor is about tax reform and moving tax systems into the 21st century. It focuses on tax system weaknesses, critiques selected reform proposals, and offers new ideas, with an emphasis on federal, California and multistate matters. Additional information - articles, reports and links, can be found at the 21st Century Taxation website (see link below right). I welcome your comments.
Thursday, August 14, 2014
Test Your Tax Data Knowledge
Do you know how many individual tax returns are filed with the IRS each year? Do more returns have a marginal rate of 35% or 15%? I've got a short article in today's AICPA Tax Insider with a ten question quiz about our federal individual income tax system. This is the kind of data that can also help inform tax reform. Give it a try. Good luck!
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