When will we (the taxpayers) fire our employees (congress)
and hire a well oiled machine to replace them,
like a Super Computer or some honest men and women?
Congress letting 55 tax breaks expire at year’s end
Congress is again letting a package of 55 popular tax breaks expire at the end of the year,
creating uncertainty for millions of individuals and businesses.
Lawmakers let these tax breaks lapse almost every year, even though they save businesses and individuals billions of dollars.
And almost every year, Congress eventually renews them, retroactively, so taxpayers can claim them by the time they file their tax returns?
Trade groups and tax experts complain that Congress is making it impossible for businesses and individuals to plan for the future.
What if lawmakers don’t renew the tax break you depend on?
Or what if they change it and you’re no longer eligible?
“It’s a totally ridiculous way to run our tax system,” said Rachelle Bernstein, vice president
and tax counsel for the National Retail Federation.