ACCT 429 Week 1 DQ 1 Does the Tax Code Need Fixing

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Here's the perennial question: Should the current federal income tax system be reformed? In answering this question, consider and discuss a number of factors, such as (1) whether the current system is fair to all taxpayers, (2) whether the system is too complex, (3) whether the system is too expensive to administer, and (4) whether the current system is effective at raising revenue, while not impacting business, personal, and financial decisions or operations adversely. These are the same general factors that courts and Congress tend to consider. What do you think and why?

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