Lawmaker Wants To Shrink Tax Code By 25%

Law360, New York (January 15, 2014, 2:00 PM EST) -- House Ways and Means Committee Chairman Dave Camp, R-Mich., wants to reduce the size of the tax code by 25 percent, according to a video he released Wednesday.

The two-and-a-half minute video provides a cursory illustration of the Camp camp's take on why the tax code is broken.

“Today, the tax code is 10 times the size of the Bible, but with none of the 'good news,'” it said. “Worst of all, with all its regulations and loopholes, our tax code is hurting our economy. With...
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