One Million Sign to Scrap Tax Code


On October 28, 1998, the National Federation of Independent Business (NFIB) obtained its one millionth signature in a crusade to abolish the Internal Revenue Code.

At a rally celebrating the milestone, Jack Faris, president of the NFIB, said it would keep the effort to scrap the code going strong.

The NFIB advocates replacing the current tax code with a simpler, more equitable system.

We have well over a million signatures now, said Angela Jones, a spokesperson in the Washington, D.C., public policy office of the NFIB. The group continues to collect 5,000 new signed petitions every week.

We wont give up, Faris said of the NFIBs efforts to influence tax policy. We will be a catalyst, urging Congress to sunset the tax code as the first step toward responsible tax reform.

SPONSORED REPORT

2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

PODCAST

How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.