simplification :

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simplification

sim pluh fi kay shuhn

  • n  an explanation that omits superfluous details and reduces complexity
  • n  elimination of superfluous details
  • n  the act of reducing complexity

  • Published last fall, his scheme would amount to a massive simplification of the tax system, eliminating all tax breaks and introducing a top 25% rate on annual income of more than .
  • Inaccuracy is bad, but simplification and accuracy are not the same.
  • Two Democrats, Congressman Richard Gephardt of Missouri and Senator Bill Bradley of New Jersey, are pushing a less radical tax-simplification strategy.
News & Articles

  • NC House tax overhaul plan gets tentative approval
    Lawmakers pushed a bill that would create the state's first comprehensive tax reform plan since the Great Depression. The House gave initial approval by a 72-32 vote to the Tax Simplification and Reduction Act which would lower personal and corporate income tax rates.
    June 7, 2013 - News 14 Carolina
  • Facebook reduces complexity, not control, for advertisers
    In the guise of 'simplification', Facebook is ditching half of its current 27 ad units and putting in place processes whereby advertisers will be guided to choose which ad formats will help reach their goals.
    June 7, 2013 - BizReport
Quotes

  • Michael Dell in Bizjournals.com
    Our customers will be dealing with the largest increase in data we have seen in our history over the next few years,said Michael Dell, chairman and CEO, Dell. "Leading the iSCSI revolution will help Dell accelerate IT simplification and...
  • John McFall in The Herald
    As it branded the raising of the tax level for the low paid "unreasonable", John McFall, its chairman, said: "While tax simplification is a laudable aim, it seems strange that the abolition of the 10p starting rate of income tax disadvantages mainly...
  • Mitt Romney in FOXNews
    It's a dramatic simplification of the tax process because you're not going to have to worry about the basis of each asset and how long you held it and so forth. So you simplify taxes,Romney said. "Most importantly, you let people save, and...

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