Tax Painpublished Feb 19, 2014
Ultimately, Politifact conclude Wyden got those numbers right. In fact, they add some more measures of the pain:
- The tax code is 3.8 million words, up more than 170% since 2001.
- If you want a copy of the code all for yourself to consult as you do your taxes (and who wouldn't!), you'll need to buy 25 volumes and provide 9 feet of shelf space.
- No doubt a result of the complexity, 99% of filers resort to help from software or tax preparers.
If you put all of those hours into dollars (using the average compensation of US workers reported in the Statistical Abstract of the US), we devote more than $200 billion per year on taxes.
I hope this post gives you comfort as you work on your own taxes; you've got company!
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