Fri, 15 Apr 2005
Cantillon's
Paradise points to an AP story which says that Americans
spend 6.6 billion hours on their taxes. It's rather ridiculous the lengths
a citizen must go to in order to comply with the law. Luckily, our civil
servants are working to resolve this issue.
Sensitive to the demands that tax laws put on weary taxpayers, the IRS has
seven people working full time to reduce the anguish for filers. The IRS
Office of Taxpayer Burden Reduction looks for requirements that can be
streamlined, reduced or eliminated under the law.
Of course, there's only so much they can do considering the amount of tax law
that are in charge of enforcing. Congress is responsible for the mess.
I've probably spent at least 60 hours on taxes so far this year, mostly reading
IRS publications, including best sellers Business Expenses, Business Use of Your Home,
and the much referenced tome, How to Depreciate Property.
My wife recently decided to change her major to accounting. I think I have the
perfect internship for her.
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