Mr. McNERNEY. Madam Speaker, I rise today on Tax Day 2008 in strong support of H.R. 5719, the Taxpayer Assistance and Simplification Act. I commend Chairman Rangel and Ranking Member McCrery for bringing this bill to the floor and working hard to simplify our tax policies.
Today's Tax Code has become so complex that it takes more than 25 hours to complete an itemized tax return. That is an hour longer than 2003, and 10 hours longer other than 1989.
Families will benefit significantly from this legislation which strengthens identity theft and tax fraud protections, stops taxpayer harassment by ending the private collection of Federal taxes, and expands tax refund assistance for low-income Americans.
I am also pleased that the provisions in the Taxpayer Assistance and Simplification Act increase online fraud security and allows individuals to have better recourse in the event of a crime.
Madam Speaker, I urge my colleagues to support H.R. 5719.