A new Ernst & Young study on tax policy finds uncertainty about the tax code reduces productivity in three out of four businesses.
This is an amazing revelation because Ernst & Young is an accounting firm that makes money off of tax complexity.
Over the last 10 years there have been more than 4,000 amendments or revisions to the tax code. The Internal Revenue Code with supplements is now 70,000 pages long – or about 90 times longer than “Gone With The Wind”.
Why?
The E&Y study suggests more than a million jobs could be created with a smarter and more stable tax code.
We’re for the Steve Forbes flat tax, which benefits everyone in America who resides outside the swamp.