Present tax system is broken and cannot be reformed. Every movement to reform the tax code results in additional regulations. Special interest groups gain more exceptions and credits while the individual taxpayer ends up with more rules. This drives the taxpayer to turn over tax return work to a professional who can figure out all the new regulations, thereby costing more to file a return. Another approach would scrap present tax laws and initiate a TWO PERCENT transaction fee on stock market sales, producing the same revenue for the US Treasury