Washington (March 9, 2004) -- The American Institute of CPAs joined with other long-time proponents of tax simplification in praising the Bush administration for proposing a series of measures to streamline the Federal tax code over the next few years.

In a letter to Treasury Secretary John W. Snow, representatives from the AICPA’s Tax Executive Committee, the American Bar Association’s Section on Taxation, and the Tax Executives Institute praised a number of provisions in the Administration’s 2005 Federal budget plan that they said address “the urgent need for major simplification” of the nation’s tax laws.

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