The Hill Blog: It Is Time For a Flatter, Fairer Tax Code (Sen. Ron Wyden)
Excerpt:
"The tax code, last reformed in 1986, has grown into a 1.4 million-word, 10,000-section behemoth that takes the average taxpayer 31 hours to navigate each year. In the 21 years since Congress passed the Tax Reform Act of 1986, there have been approximately 15,000 changes made to the tax code. That works out to roughly three changes for every working day of Congress. The six billion hours each year that Americans are estimated to spend doing their taxes is greater than the combined annual working hours of every American employed in the manufacturing of cars, computers, airplanes and steel in the United States. The problem has grown so dire that the public now shells out more on tax preparation than our government does on higher education. Clearly something is wrong and it’s time for a change."
http://blog.thehill.com/2007/04/19/it-is-time-for-a-flatter-fairer-tax-code-sen-ron-wyden/
Alex
Thursday
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment