get rid of all the loopholes. get rid of the fancy code, simplify the tax code and create two rates. a top rate of 25%, and a bottom rate of 10% and that way people can fill out taxes on a post card, mail it in and like you said, april 15th can be a much more relaxing day. you know, we spend 6 billion hours as americans to comply with our tax code. 160 billion dollars on accountants and tax attorneys and you know, that money could be better used in our economy. that time could be better spent either with your family or in your business. it shouldn t be to comply with uncle sam s tax code. mike: we haven t had real tax reform since 1986. i m just curious, how likely are we to see something of significance in reforming the tax code? great question. i think it s likely in spite
get rid of all the loopholes. get rid of the fancy code, simplify the tax code and create two rates. a top rate of 25%, and a bottom rate of 10% and that way people can fill out taxes on a post card, mail it in and like you said, april 15th can be a much more relaxing day. you know, we spend 6 billion hours as americans to comply with our tax code. 160 billion dollars on accountants and tax attorneys and you know, that money could be better used in our economy. that time could be better spent either with your family or in your business. it shouldn t be to comply with uncle sam s tax code. mike: we haven t had real tax reform since 1986. i m just curious, how likely are we to see something of significance in reforming the tax code? great question. i think it s likely in spite
fair. get rid of all the loopholes. get rid of the fancy code, simplify the tax code and create two rates. a top rate of 25%, and a bottom rate of 10% and that way people can fill out taxes on a post card, mail it in and like you said, april 15th can be a much more relaxing day. you know, we spend 6 billion hours as americans to comply with our tax code. 160 billion dollars on accountants and tax attorneys and you know, that money could be better used in our economy. that time could be better spent either with your family or in your business. it shouldn t be to comply with uncle sam s tax code. mike: we haven t had real tax reform since 1986. i m just curious, how likely are we to see something of significance in reforming the tax code? great question. i think it s likely in spite
jobless numbers have gotten worse and claim are up 35,000. what does this mean big picture? voters are going to remember both. the speech last night was well delivered. he hit high he hit some high notes. you are right this morning the jobless claims are at a 10 week high they were expected to be we a bad report on inflation. food and energy costs rose rapidly last year. overall it looks like inflation was 4%. if you exclude food and energy it was 1.3%. both of these bad pieces of economic news. one piece of good news november turns out exports from the united states surged to about 160 billion dollars worth of goods and services.
jobless numbers have gotten worse and claim are up 35,000. what does this mean big picture? voters are going to remember both. the speech last night was well delivered. he hit high he hit some high notes. you are right this morning the jobless claims are at a 10 week high they were expected to be we a bad report on inflation. food and energy costs rose rapidly last year. overall it looks like inflation was 4%. if you exclude food and energy it was 1.3%. both of these bad pieces of economic news. one piece of good news november turns out exports from the united states surged to about 160 billion dollars worth of goods and services.