Why Do We Need Tax Reform? Click Here To Learn How Much Businesses Pay Just To File Their Taxes!
The U.S. House Ways and Means Committee—along with the U.S. Senate Finance Committee, White House, and Treasury Department—are spending the August congressional recess working on comprehensive federal tax reform.
Why is this work so important? As the committee notes, American businesses now spend an estimated $147 billion to file their tax returns. That is money those businesses no longer have to invest in their employees, facilities, or communities.