Final answer:
The statement (T/F) "In recent years, Congress has been relatively successful in simplifying the Internal Revenue Code" is false.
Step-by-step explanation:
The statement (T/F) “In recent years, Congress has been relatively successful in simplifying the Internal Revenue Code” is false. Despite efforts to simplify the tax code, it remains complex and often confusing. One significant attempt at tax reform was the Tax Reform Act of 1986, which aimed to simplify the tax code and eliminate tax shelters. However, the overall complexity of the Internal Revenue Code has not been significantly reduced, and it continues to undergo frequent changes and amendments.