tag:blogger.com,1999:blog-7156218446024820676.post9200806972225710050..comments2023-05-17T10:38:12.901+00:00Comments on TaxBuzz for the Tax Advice Network: The tax simplification project is abandoned - not that it got very farMark Leehttp://www.blogger.com/profile/11524316185528362603noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7156218446024820676.post-1062051497931002142009-07-30T19:49:02.416+00:002009-07-30T19:49:02.416+00:00Whilst I never really got to grips with the logic ...Whilst I never really got to grips with the logic of the project, and the absurdity of the premise that laws should be written for the layperson (thereby, in practice, only making the laws harder for the experts, being the only people that do actually read the laws), that is not to decry the efforts of the rewrite team who have done all that was asked of them. In the event, with the advent of what must surely be the most incompetent legislature of modern times, the rewrite team were left trying to polish a turd. <br /><br />Those responsible for the ITEPA must have been livid when there efforts were on the statute book for merely 9 days before the Act was butchered in the 2003 budget.<br /><br />Whilst it is not difficult to dismiss the project as a waste of time, there must still be some conclusions to be reached which will be of use for the future.<br /><br />The Tories are still running with the notion that they will introduce an OTS. If an OTS does come about, they might hopefully see the merit in a moratorium on new legislation (genuine emergencies excepted) whilst they seek to achieve simplification. Otherwise, as the past now shows us, the tax code as a whole could end up in a worse state than if no one had bothered.andrewhttp://taxtrust.netnoreply@blogger.com