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Saturday, January 02, 2016

Why do we bother electing Republicans?



Republicans Diane Black of Tennessee and Pat Meehan of Pennsylvania introduced a bill to require tax preparers to be tested, undergo annual training, and go through other hoops in a licensing process as rigorous as those for doctors and lawyers.

From the Daily Signal:
New legislation aimed at regulating tax preparers has opponents of licensing and regulations warning that the new requirements would hinder competition and lead to increased costs for consumers.
Earlier this month, Reps. Diane Black, R-Tenn., and Pat Meehan, R-Penn., introduced a bill that would give the Internal Revenue Service the authority to regulate tax preparers. The legislation, called the Tax Return Preparer Competency Act, mandates tax preparers undergo examinations, participate in annual continuing education courses, and submit to a background check.
Black and Meehan argue that the bill would protect taxpayers from bad actors working as tax preparers with the intention of stealing people’s identities and carrying out tax return fraud.
“While Congress continues working towards a fairer, flatter, simpler tax code that will enable more Americans to complete their taxes on their own, we must also act now to rid out fraud and protect taxpayers from fly-by-night tax preparers who lack a basic background check and the requisite training to handle Americans’ most sensitive information,” Black said in a statement.
Large tax preparation firms like H&R Block have come out in support of similar measures regulating tax preparers. But opponents of the legislation argue the bill could negatively affect tens of thousands of tax preparers and cause many of them to close their doors because of the burdens such licensing schemes create.
“Tax-preparer licensing is protectionist and anti-competitive. It will squeeze out tens of thousands of independent preparers and allow the large tax prep firms like H&R Block to consolidate the market,” Dan Alban, a lawyer at the Arlington, Va.-based Institute for Justice told The Daily Signal.
Why bother electing Republicans when they are going to expand the government and protect corporations? If this is Republican thinking, then let us vote for Bernie Sanders and just get the national suicide over with.

We need tax reform that strips special interests from dodging the taxman, while making it easy for any idiot to file his own damned taxes.

Please primary these fools.

6 comments:

  1. I wonder who their largest campaign contributors are?

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  2. The IRS would certify them? Why does this destroy any confidence I might have had that this could possibly be a good idea?

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  3. Paid tax preparers already have to register with the IRS, which requires them to pass a competency test and can order them to take continuing education courses. See IRS FS-2011-12, November 2011. Identity theft is already against the law.

    Tax lawyers and accountants are subject to greater regulation by the IRS of their practices and would also benefit from this legislation, but not as much as would the big tax preparation firms. The lawyers and accountants tend to serve large clients having complicated returns, while the tax preparation firms tend to serve individuals with much simpler returns. A small-time tax preparer can do seasonal work in the spring using commonly available tax preparation software to complete the returns of most individual clients. He's therefore competing for clients mostly with the big tax preparation firms.

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  4. All government licensing should be abolished.

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  5. --“While Congress continues working towards a fairer, flatter, simpler tax code that will enable more Americans to complete their taxes on their own...--

    They're comedians, right?

    ReplyDelete
  6. --“While Congress continues working towards a fairer, flatter, simpler tax code that will enable more Americans to complete their taxes on their own...--

    They're comedians, right?

    ReplyDelete