Tuesday, April 19, 2011

Our Impossible-to-Understand Tax Code

Since yesterday was our official "get it in or go to jail" federal income tax day, I thought I'd post this very interesting graphic from Chris Edwards at The Cato Institute and tax information provider CCH, Inc. Little wonder that preparing our annual income tax returns is such a dreaded and difficult task...the "instructions" are now up to 72,536 pages! Look how they've grown over the years:


Think about it:  Tolstoy's masterpiece, War and Peace, often referred to as a huge, huge book, is only 1,200 pages in length. The New King James Version of the Holy Bible is just 1,536 pages. Do we really need over 72,000 pages of instructions, rules, and law to guide us in income tax preparation?

There must be a better way.

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