House committee's goal: Make tax code so simple that even a small business can do it

The chairman of the House Committee on Ways and Means released a draft Tuesday on proposals aimed at simplifying tax rules for small businesses in an attempt to make taxes so simple that small business owners can handle them without help, the Business Journals reported.

It's part of the Ways and Means Committee's effort, led by Chairman Dave Camp, R-Mich., to enact comprehensive tax reform this year. If successful, the legislation would reduce tax rates for individuals, small businesses and large…