04/20/2017

IRS Insanity: 54 Hours, More Than A Week, Spent On Tax Returns

Paul Bedard, Washington Examiner

The burden of filling out IRS forms has reached an insane level, a manpower cost of $170 billion lost in the 8.1 billion hours spent filling out 1,054 forms, according to a sobering new analysis of the impact of this year's Tax Day.

The report from American Action Forum considers the costs associated with all Internal Revenue Service forms, such as those corporations and doctors fill out, often for customers or patients, but it also breaks down the impact of tax season on individuals who face a Tuesday filing deadline.

"IRS currently imposes 8.1 billion hours of paperwork and generates more than 1,000 tax forms. To put these incredible burdens into perspective, that is 25 hours per person in the U.S. or 54 hours per taxpayer. In other words, the average working American spends more than a week sifting through paperwork and preparing to file," said the report.

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When America Was Truly The Land Of Opportunity

For [early immigrants] America was truly the land of opportunity. For the first time in their lives, many were truly free to pursue their own objectives. That freedom released the human energies which created the United States. There were few government programs to turn to and nobody expected them. But also there were few rules and regulations. There were no licenses, no permits, no red tape to restrict them. They found, in fact, a free market, and most of them thrived on it. 

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