WAMU 88.5 : Morning Edition

Filed Under:

Making It Easier To File Federal Taxes

One UMD professor is pitching a new, all-electronic system

Play associated audio
One University of Maryland professor is calling for changes to how people file their federal tax return. 
http://www.flickr.com/photos/moneyblognewz/5611560314/
One University of Maryland professor is calling for changes to how people file their federal tax return. 

With Congress debating ways to simplify the tax code, one University of Maryland professor is offering a technological solution. 

The current system involves filling out dozens of pages of forms about marital status, military service or recent unemployment history. Then there's the deductions: did you buy a house? Have a kid? Work from a home office? 

"Tax law has gotten sort of over the top in terms of complexity.," says Daniel Goldberg, taxation professor at the University of Maryland School of Law. Goldberg believes that as lawmakers attempt to reform the tax system they need to use contemporary technologies to simplify the method of recording what people are spending. 

He says besides changing the tax code, lawmakers need to update how people physically file their taxes. Goldberg favors a progressive, consumption-based tax system that would electronically record what people are spending throughout the year. 

"It' s time to revise the tax law, and make it smoother, make it fairer, make it more pro-economy, and it can be done by adopting a system that is electronic," Goldberg says. "No one would have ever created this pencil and paper system we have today if twenty first century technology were available."

On Capitol Hill, lawmakers are debating how to simplify the tax code by undoing various deductions, but Goldberg maintains simplifying the transmission of taxes could save the country hundreds of billions of dollars annually. 

NPR

Many Comedians Have 'The Daily Show' To Thank For Their Thriving Careers

As Jon Stewart's final week hosting The Daily Show gets underway, we examine the show's legacy and the many careers and spinoffs it's launched.
NPR

Confronting A Shortage Of Eggs, Bakers Get Creative With Replacements

Eggs are becoming more expensive and scarce recently because so many chickens have died from avian flu. So bakers, in particular, are looking for cheaper ingredients that can work just as well.
NPR

President Obama Set To Unveil New Power Plant Rules In 'Clean Power Plan'

Key elements of the Clean Power Plan include a requirement that would cut the power industry's carbon pollution by 32 percent below 2005 levels in the next 15 years.
NPR

Group Offers To Help Revive HitchBOT That Was Vandalized In Philadelphia

A kid-sized robot that's built around a PVC bucket and sports a friendly face, the hitchBOT couldn't make it out of Philadelphia in one piece.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.