..or will just eliminate deductions as a means of increasing federal revenue ?
Obama pledges to simplify the tax code
President vows to make it reward work, help people pursue their dreams
updated 22 minutes ago
WASHINGTON - President Barack Obama said Wednesday that he aims to take the dread out of tax-filing day.
Obama said at a White House event that he's working toward "a simpler tax code that rewards work and the pursuit of the American dream."
"For too long, we've seen taxes used as a wedge to scare people into supporting policies that increased the burden on working people instead of helping them live their dreams," Obama said. "That has to change, and that's the work that we've begun."