Just in time for Tax Day comes a National Public Radio program on Joseph Bankman. In 2004, the Stanford tax professor ran a pilot program in California that vastly simplified tax filing. In “ReadyReturn,” the state sent out pre-filled returns for people to sign or revise. One participant gushed, “Finally government’s doing something to make my life better…” Encouraged, Bankman hired a lobbyist to incorporate ReadyReturn into the state’s tax code. Even though many other countries use a similar system, his plan was defeated by groups that profiteer from government-mandated tax-filing misery….

More…

Comments are closed.