Tag: tax code
Decoding the Tax Code

Tax time is just around the corner, and that invites an examination of the U.S. tax code. For politicians, the Internal Revenue Code means that high-rise stack of documents they occasionally display to accompany press conferences. Taxpayers would do well to regard another code, the deceptive vocabulary politicians deploy to frame the issue. Take,...
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Tax Code Is Longer than the Bible

From the Associated Press: 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....
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