Shaheen proposed a simplified, one-page tax return called RapidReturn that will simplify the process of filing a 1040-EZ. Americans spend $2 billion annually and an estimated one-third of EZ filers pay a tax preparer, even though they are filling out the easiest form available. [IRS, 2005; GAO, 2006; Goolsbee, 2006]
"The process is frustrating, expensive and unnecessarily complicated," Shaheen said. "We need to simplify the filing process for middle class families. That's why today I'm proposing a simplified, one-page tax return I'm calling RapidReturn that would make paying your taxes as simple as signing and returning the form to the IRS."
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