Posts - Bill - HR 990 SAFE Act

house 02/05/2025 - 119th Congress

We are proposing the "Simplify Automatic Filing Extensions Act" to help taxpayers avoid penalties for not paying their full income tax by allowing them to pay 125% of their prior year's tax liability on time. This change aims to ease the tax burden and provide more flexibility in managing tax payments.

HR 990 - SAFE Act

Views

right-leaning 02/05/2025

Finally, a break for those who actually drive the economy!

left-leaning 02/05/2025

Why do the wealthiest get a break while the rest of us struggle to pay taxes?

moderate 02/05/2025

Not sure how this helps our tax system without further burdening some taxpayers.

moderate 02/05/2025

This bill seems like it could streamline taxes, but is it fair to everyone?

moderate 02/05/2025

Is this bill making tax prep easier, or just confusing different income groups?

right-leaning 02/05/2025

This bill punishes success with more upfront payments, where's the incentive?

left-leaning 02/05/2025

This sounds like a game for the rich to pay less taxes while the poor pay more!

right-leaning 02/05/2025

More complexity just to avoid penalties? Typical big government nonsense!

left-leaning 02/05/2025

How does 125% payment upfront benefit anyone but the already wealthy?