By John Stossel
Spring is here, but you may have been too busy filling out tax forms to enjoy it. The unpaid job of gathering W-2 and 1099s, sorting through receipts, and tabulating deductions, credits, and exemptions takes a lot of time.
Americans spent 6.4 billion hours complying with the tax code in 2005 -- a chunk of time worth $265 billion, according to the Tax Foundation. That's more than the 2006 federal budget deficit.
Those of you who do your taxes yourselves spend an average of eight to 27 hours toiling for the U.S. government.
What a waste.
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1 comment:
Did you hear that Rudy has Forbes as his campaigns finance advisor?
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