Washington (Aug. 5, 2002) -- The tax system will need to face the critical issues of tax complexity and tax compliance in the coming years, according to Pam Olson, deputy assistant secretary of the Treasury for tax policy.
In testimony before the Senate Finance Committee for her nomination to assistant secretary, Olson said the two issues are closely linked. "Emperor Joseph II once said of Mozart’s composition, it has 'too many notes, my dear Mozart.' A similar observation may be fairly made of our tax laws," she said. According to Olson, "complexity burdens the economy, hinders tax administration, leads to unintended results, feeds the proliferation of tax shelters, and weakens our self-assessment system."
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