Why am I just hearing about this?
For as many as 50 million Americans, the IRS gets all the information it needs to calculate taxes from employers and financial institutions. As part of Edwards’ plan, the IRS would calculate the tax bill and mail it to them on a Form 1, where they could verify and recalculate it or simply sign and return it. Form 1 is a step toward Edwards’ vision of a tax code that is simpler and fairer and that rewards work.
People hate doing their taxes. For a lot of people this would eliminate the whole April 15th hustle of getting your taxes in order and mailing them off. Please do this.