Posted by taxguru on March 27, 2008
Obama’s 1040 — 2 EZ 4 Me. The easy way to overpay. – Interesting look at a plan by one of Obama’s advisors to have the IRS compute the taxes for 1040EZ filers. Taxpayers would still have the option to file their own tax returns to challenge the IRS’s calculations.
That’s similar to what we have now with non-filers being at the mercy of IRS’s super high tax calculations with no deductions or dependents.
If this plan were to become reality, it would decimate the assembly line tax prep outfits.
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