As Congress approaches the 2010 mid-term elections (and beyond), proposed changes to the Internal Revenue Service tax code will likely impact thousands of United States taxpayers.
This blog will examine these proposals by sharing comments and links to key developments. My stance is that proposed changes to the IRS tax code deserves more attention by our representatives in Washington DC and by the news pundits who cover it. Issues such as Health Care Reform and Bank Regulation constantly grab headlines -- however, the changes to the code similarly impacts the pocketbooks of thousands of Americans, but at only a fraction of the public's interest.
In earnest, we will focus our content on the impact to young Americans between ages 18 - 30. Many of these Americans are entering the workforce, expanding their future income potential, or beginning to save for their retirement. Trying to understand the code and its complicated proposals is difficult and thus easy to neglect by the masses. By reading Mass Tax-ed, we will sort through the news to find what's important and help explain why.
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