Plea for Tax Simplicity
Earlier this month when I finally completed my Income Tax return (120 pages this year!) I was again reminded how complicated this effort has become. I am not sure how I would do it at all without TurboTax. I understand that I am one of the minority (less than 18%) who do not use professional paid help for their personal income Tax.
Here are a few facts:
• The tax code was 400 pages in 1913
• The tax code is now over 70,000 pages and growing fast.
• It take the US public uses the equivalent of 3.8 million skilled full time workers to handle this paperwork
• Six times the number of people are working on tax paperwork than there are making autos!
This has gotten entirely out of hand. Can you imagine the increase in productivity that a real flat tax, no deductions, no special programs for every considerable special interest group, would provide for our economy?
