|
PureBytes Links
Trading Reference Links
|
Could all this be true?
"Some Tax Facts"
The Gettysburg address is 269 words, the Declaration
of Independence is 1,337 words, and the Holy Bible is
only 773,000 [I don't know what version the author was
referring to] words. However, the tax law has grown from
11,400 words in 1913, to 7 million words today.
There are at least 480 different tax forms, each with
many pages of instructions.
Even the easiest form, the 1040E has 33 pages in
instructions, and all in fine print.
The IRS sends out 8 billion pages of forms and
instructions each year. Laid end to end, they would
stretch 28 times around the earth.
Nearly 300,000 trees are cut down yearly to produce
the paper for all the IRS forms and instructions.
American taxpayers spend $200 billion and 5.4 billion
hours working to comply with federal taxes each year,
more than it takes to produce every car, truck, and
van in the United States.
The IRS employs 114,000 people; that's twice as
many as the CIA and five times more than the FBI.
60% of taxpayers must hire a professional to get
through their own return.
Taxes eat up 38.2% of the average family's income;
that's more than for food, clothing and shelter combined.
Scary, isn't it?
|