We think it provides a very powerful incentive for business investment.

This creates a ripple effect for small-business owners, ... There are fewer payments. There is less paperwork. There are fewer chances for mistakes. And it frees up valuable resources for small businesses and the IRS.

I don't think it's a small move in this direction; I think it's a huge move.

I think the significance of today is an increased commitment to being more accessible to taxpayers and moving from a focus on doing our job internally to helping taxpayers meet their obligations under the tax code,

We take our responsibility to protect taxpayer information very seriously, ... We plan to continue working with GAO to do everything possible to ensure the security of taxpayer information and payments.

This is something that sounds pretty easy and obvious on the surface. But there are some very significant practical problems that rule it out.