[Congressional Record Volume 148, Number 45 (Monday, April 22, 2002)]
[Senate]
[Page S2995]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX DAY
Mr. THOMAS. Mr. President, recently we had a day called Tax Day. I
think most of us thought a lot about taxes. We talked a lot about the
process of filling in our tax forms and paying our taxes. I do not know
about everyone else, but I came out of that with the renewed notion
that we certainly need to take a look at making taxes more simple and
that we need to simplify the Tax Code. The problem is, of course, that
we are moving just exactly in the opposite way. We spent 7 or 8 years
talking about simplification of the Tax Code, and every year it becomes
less so. I hope we can address making the Tax Code simpler. The purpose
of the Tax Code is to raise money in a fair way.
The definition of a tax is a charge of money imposed by authority
upon persons or property for public purposes. You have to have taxes.
No one argues with that. But it is not a voluntary act. It is an
imposition of authority upon people, and the imposition--in many cases,
because of the process--is unreasonable.
I am persuaded that the current Tax Code remains overly complicated,
burdensome, and frustrating to the American taxpayer. I believe we find
ourselves often more in the business of trying to manage behavior
through taxes than we are of fairly raising money. If we have something
we want done, and if someone wants to wear a red shirt and part their
hair in the middle, we say: We will give you a tax deduction for doing
that. All of that makes it much more complicated than in the past. It
is now inefficient. It is inefficient in the allocation of financial
resources for communities. Certainly, we are not able to supervise it
and audit it very easily because it is so complicated.
I am proud to have supported President Bush's tax relief bill last
year. We made some effort to reduce the burden of taxes. Certainly,
that doesn't help in terms of the complication that goes into filling
out tax forms.
One hundred and four million individuals and families will receive a
tax reduction of about $1,000 from that action. That is good. Nearly 43
million married couples will receive an average deduction of $1,700.
That is very good. Thirty-eight million filers with children will
receive an average deduction of about $1,460.
However, we certainly have not finished our work. Obviously, there
needs to be an effort made to make permanent the inheritance tax, or
the death tax. That has to be done. I think we need to simplify the Tax
Code. We need to continue to do that. I know that is easy to say and
much more difficult to do. We need incentives to make that happen.
But the other side of that is that taxpayers spend, according to a
report, over 6 billion hours filling out IRS forms. The estimated cost
of compliance is close to $200 billion annually. That is a drain on
resources. That should not happen.
I hope we can take a basic look at where we want to be in terms of
this issue. It is too complicated, it is too expensive, and it is
hopeless to figure out how much we owe. That shouldn't have to be the
case. We have worked on it and talked about it at least for a number of
years, but we have not done much.
Another important area in which we need to make substantive changes
is health care. We talk about cost and who is going to pay for it. We
need to give more thought to how to make substantive changes. The same
is true with taxes. We ought to go back to the basics: Here is the
amount of money that has to be raised. What is the fair way to do it?
We need to do it in a simple way, and we need to sit down in a
reasonable time and do it.
Some have said Paul O'Neill, Secretary of the Treasury, said the tax
laws are abominably full of absurdities. He is exactly right about
that. We have about 17,000 pages in the code. Most of it, of course,
comes from the Congress. Each day practically, we try to do something
more with taxes to affect behavior.
I think it is time we take a clean look at that and say the purpose
of Tax Day is to support the necessary functions of government. It
should be simpler for people to comply, and we ought to start with that
premise and do it.
I hope we can move forward to do that. I appreciate the opportunity
to speak.
I yield the floor.
The ACTING PRESIDENT pro tempore. The Senator from California is
recognized.
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