Wednesday, September 24, 2008

This information I found at that tax meeting. It blew my mind, so I thought I'd share it. Courtesy of the Tax Foundation

"In 2005, the estimated time and money cost of complying with the federal Internal Revenue Code was 6 billion man-hours worth $265 billion."

"The code that year stood at 7 million words in 736 code sections, up from 718,000 words in 103 code sections in 1955. By contrast, the King James Bible has 788,280 words in 66 books, the Harry Potter series has just over 1 million words in 7 books, and the English translation of War and Peace has 560,000 words."

"In 2008, Americans worked 113 days of the year to pay for federal, state, and local taxes. This more than the days worked for housing (60 days), food (35 days), and clothing (13 days) combined."

"The form 1040 and instructions in 1913 was only 4 pages. Today they are 144 pages."

The IRS is a beast. So are most other government programs.

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