Plain Tax Talk: The Yellow Brick Road To Tax Simplification.

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Plain Tax Talk: The Yellow Brick Road To Tax Simplification.

Originally published in Tax Notes, June 01 2009

John Klotsche served as senior adviser to the IRS commissioner from 2003-2006 and as senior international adviser from 2007-2008. He is currently a partner with Caplin & Drysdale in Washington. This viewpoint is the focus of a blog at http://www.plaintaxtalk.org/. Tax Notes readers are encouraged to visit this blog and weigh in on the subject.

Copyright 2009 John Klotsche. All rights reserved.

"The letter I have written today is longer than usual because I lacked the time to make it shorter." — Blaise Pascal, French philosopher

A. Prologue The theme of this viewpoint, tax simplification, draws on an American pop culture classic, The Wonderful Wizard of Oz. Dorothy, her terrier Toto, and an eclectic trio of sidekicks travel from Munchkinland to the Emerald City in search of enlightenment. Their journey of selfdiscovery is along the yellow brick road, dubbed that because of the debate in the 1890s around international monetary policy, with the traveled route representing the "gold standard.1

Tax simplification is a politicized and pol...

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