US tax code longer than Bible _ without good news | Financial Headlines | Comcast
At nearly 4 million words, the U.S. tax law is so thick and complicated that businesses and individuals spend more than 6 billion hours a year complying with filing requirements, according to a report Wednesday by an independent government watchdog.
That's the equivalent of 3 million people working full-time, year-round.
"If tax compliance were an industry, it would be one of the largest in the United States," says the report by Nina E. Olson, the National Taxpayer Advocate.
What a mess our Government has made ,One big juicy Cluster of a mess. Soon it will be to complicated for businesses to even comply......
At nearly 4 million words, the U.S. tax law is so thick and complicated that businesses and individuals spend more than 6 billion hours a year complying with filing requirements, according to a report Wednesday by an independent government watchdog.
That's the equivalent of 3 million people working full-time, year-round.
"If tax compliance were an industry, it would be one of the largest in the United States," says the report by Nina E. Olson, the National Taxpayer Advocate.
What a mess our Government has made ,One big juicy Cluster of a mess. Soon it will be to complicated for businesses to even comply......
