[Congressional Record Volume 159, Number 52 (Wednesday, April 17, 2013)]
[House]
[Page H2075]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SENIORS' TAX SIMPLIFICATION ACT
(Mr. FLEMING asked and was given permission to address the House for
1 minute.)
Mr. FLEMING. Mr. Speaker, the American people have just finished the
annual aggravation of tax preparation. Every year, individuals and
businesses spend more than 6 billion hours and about $168 billion just
to meet the filing requirements of the IRS.
Among those hit hardest by our 4-million-word Tax Code are senior
citizens. Many live on fixed incomes and have common forms of income,
like dividends, Social Security benefits, and IRA distributions; yet
they face the high cost of compliance. That's why I introduced the
Seniors' Tax Simplification Act. This commonsense bill--and it is
bipartisan--would create one simple form, much like the popular 1040EZ
form. It would be used for the relatively simple tax filing situations
that are common for seniors anyway. Creating a no-nonsense 1040SR form
would reduce compliance costs for seniors and lessen the burden of the
tax season for them.
The Seniors' Tax Simplification Act is a straightforward, no-cost
bill that has bipartisan support and has been endorsed by many senior
citizen groups and deserves a vote in this House.
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