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Despite spending\\xa0$265 billion per year\\xa0to comply with\\xa0the complex federal tax code, some\\xa0$350 billion in taxes go uncollected each year\\xa0due to mistakes\\xa0and underreporting\\u2014the so-called "tax gap." Can tax simplification\\xa0help close the "tax gap"? And what is Congress doing to ease taxpayer compliance burdens?
\\nIn this podcast, Sen. Max Baucus (D-MT), Ranking Democratic Member of the Senate Finance Committee,\\xa0discusses\\xa0proposals to\\xa0reduce tax compliance\\xa0burdens through electronic filing...'