The Crushing Weight of Our Tax Code
Tom Bevan of RealClearPolitics has some facts about our tax code.
Estimated amount of time Americans will spend preparing their taxes this year:
6.4 billion hours
Estimated amount of money Americans will spend on tax preparation
Percentage of Americans who will hire someone to prepare their taxes:
Percentage increase in IRS rules and regulations over the last decade:
Number of new pages added to the Form 1040 instruction booklet in the last decade:
58 (from 84 pages to 142)
This isnÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢t a tax system. This is a big, ole boulder strapped to the backs of every working American. DonÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢t worry about whether we should be paying more or less in taxes. LetÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s at least agree that we should be spending less time and money preparing our returns. A lot less.
Anyone up for a flat tax?