u.s. tax code can be excruciating. new online video exposes complying with the code can be costly for you and your family. just complying with the tact code will cost us 338 billion dollars this year. the reason for this punitive compliance cost is politicians keep making the tax system more complicated. the chart you see on the screen shows the number of words of tax law and regulation just for the income tax has jumped from 718 in 1955 to more than 7 million in 2005. who knows how high it is now. dealing with that complexity is time-consuming. irs estimates we spend 7.6 billion hours each year dealing with the tax system. equivalent of nearly four million fulltime workers. i m afraid to speculate what that number is going to be knew obama has put the irs in
u.s. tax code can be excruciating. new online video exposes complying with the code can be costly for you and your family. just complying with the tact code will cost us 338 billion dollars this year. the reason for this punitive compliance cost is politicians keep making the tax system more complicated. the chart you see on the screen shows the number of words of tax law and regulation just for the income tax has jumped from 718 in 1955 to more than 7 million in 2005. who knows how high it is now. dealing with that complexity is time-consuming. irs estimates we spend 7.6 billion hours each year dealing with the tax system. equivalent of nearly four million fulltime workers. i m afraid to speculate what that number is going to be knew obama has put the irs in
u.s. tax code can be excruciating. new online video exposes complying with the code can be costly for you and your family. just complying with the tact code will cost us 338 billion dollars this year. the reason for this punitive compliance cost is politicians keep making the tax system more complicated. the chart you see on the screen shows the number of words of tax law and regulation just for the income tax has jumped from 718 in 1955 to more than 7 million in 2005. who knows how high it is now. dealing with that complexity is time-consuming. irs estimates we spend 7.6 billion hours each year dealing with the tax system. equivalent of nearly four million fulltime workers. i m afraid to speculate what that number is going to be knew obama has put the irs in
that will give you a sense where conservative republicans stand and some of that democratic criticism on the other hand. take a look. i d hate to see us harm our own economy to agreeing to listen to this. already $2 trillion of regular compliance cost put on the american. they re born by middle class who pay higher prices for everything they purchase. i think what the consequence will be, inevitably, will be the diminishing of confidence in our government. in our commitment to preserving the environment. clean air and water but most of all, saving the planet. so, i think one thing you want to watch for as the president makes a final decision on this and when we hear from more members of congress. you get a different tone from members of the republican party. a group of house republicans who signed on to a letter urging the