The American Jobs Creation Act's Impact on Individual Investors: A Monster of Complexity?

摘要

What will we ever do without Dave Barry's tax commentary? For those of you who have been living in a cave since New Year's Eve, Dave Barry announced that his January 23, 2005, Sunday column would be his last, at least for the time being. That means that this year we will not be reading Dave's column about taxes. We do not pretend we can fill this void, but we can't help wondering what Dave would have to say about the American Jobs Creation Act (hereinafter generally "AJCA"). Dave noted that the Economic Growth and Tax Relief Reconciliation Act, known as "EGTRRA," sounded like "the name of a giant radioactive chicken that destroys Tokyo." AJCA may have a friendlier sound than EGTRRA, but anyone who focuses on its complexity would call it Godzilla, because it is a monster.