Is the OBBBA a Step Back for Tax Simplicity?

About this episode

The episode discusses the complexities of the US tax system and the impact of the One Big Beautiful Bill Act on tax simplification.

In this episode of The Deduction, host Kyle Hulehan discusses the complexities of the US tax system with Alex Muresianu, Senior Policy Analyst at the Tax Foundation. They delve into the staggering 7.1 billion hours Americans spend on tax compliance every year, and explore the impact of the One Big Beautiful Bill Act on simplifying and complicating the tax code. Key topics include the permanence of the Tax Cuts and Jobs Act provisions, the introduction of new deductions, and the challenges and...

People in this episode

Host: Kyle Hulehan

Guest: Alex Muresianu

Topics covered

• tax system complexity
• tax compliance
• One Big Beautiful Bill Act
• Tax Cuts and Jobs Act
• deductions
• tax code simplification

Keywords

• tax compliance
• tax system
• One Big Beautiful Bill Act
• deductions
• Tax Cuts and Jobs Act
• tax code
• policy analysis

Mentioned in this episode

Organizations: Tax Foundation, One Big Beautiful Bill Act, Tax Cuts and Jobs Act

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