Comment: Honorable Panel Members: I support Rep. John Linder's approach, with the following refinement: The set amount to be refunded to each taxpayer should be limited only to those earning below a certain level of income (to be determined annually), thus limiting the refund to only the lower level income taxpayers; and conversely excluding the higher income level taxpayers from the refund process. The objective of the refinement is to provide a greater refund to lower income level taxpayers (by eliminating the higher income level taxpayers from the refund process). Each taxpayer would file an estimated refund claim each month or quarter (to be determined by Congress). The higher income level taxpayers might be tempted to file fraudulent estimated refund claims, however, the Congress may impose sever penalties on fraudulent claims, thus, making it unlikely for well-off individuals to file fraudulent refund claims. Sincerely, and I wish you great success in your tax reform effort. Dro Amirian, retired tax executive and member of TEI 10824 Wrightwood Lane Studio City, CA 91604-3952 Tel. 323-656-1342 Fax 818-242-5014 |