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Trivia Tidbit Of The Day: Part 436 -- It Costs Way Too Much To Fill Out Our Taxes.

Flatter, Simpler, Fairer Tax Code The Only Solution-

As "Tax Day" quickly approaches and ever more of those H&R Block commercials appear on television and radio sets, let's revisit the issue of tax compliance costs.

A great graphic from USA TODAY:

More than 300 billion dollars. H&R Block's dream, in other words.

And some text to go with it:

...that is a 20% levy on top of the $1.5 trillion they will actually pay in taxes.

Some 60% of filers — including IRS Commissioner Mark Everson — will pay a professional to do their taxes for them. Everson, who spoke with USA TODAY's editorial board Tuesday, said: "I don't want to get a letter from the IRS saying I made a mistake."

The IRS Commissioner is paying a pro to do his taxes... because he doesn't want the IRS to audit him. That says a lot about not just our tax code but the pernicious and overzealous nature of the IRS itself.

Go look at the original data at the website of The Tax Foundation.

Previous Trivia Tidbit: Spam Is Costly To The Economy.

Posted by Will Franklin · 5 April 2007 07:05 PM

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