Rattus/Tom,
The white collar CPA wouldn't be put out of business. Plus, you would be surprised at how many non CPA's prepare taxes. Do you think the guys sitting behind the desks at Jackson Hewitt, Liberty Tax Services, H&R Block, etc. are CPA's. Not even close.
Us CPA's would still have plenty of work to do because there are things called audits, bookkeeping, certified financial statements, etc. Out of all the CPA's that I went to school with, I don't know one of them other than myself that prepares tax returns, and I do it because I am a sole practitioner who happens to be an attorney and CPA with a bunch of small business clients.
Trust me, I think the tax code is way too confusing for most people to take advantage of the tax breaks out there. Come tax season, I spend half my time debating with clients over what is and what is not deductible.
By the way, I have no idea what "no child left behind means". Does that mean that children no longer get held back a grade if they are not doing well? If so, that is the stupidest thing I have ever heard. Kind of like telling all children that they are always winners no matter the outcome, but I digress.
You have to wonder how simple the tax code was when it was first implemented.
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