Tuesday, April 14, 2015

The Tax Code Grows Bigger

 
Over the past decade, Wolters Kluwer, the publishers of the CCH Standard Federal Tax Reporter, a leading publication for tax professionals that summarizes the administrative guidance and judicial decisions issued under each section of the U.S. tax code, has created an infographic to convey just how many pages it takes to explain the nation’s tax code to tax professionals. Here’s the latest update through 2014:
 

Through the 2014 tax year, it takes 74,608 pages to explain the U.S. tax code to the people who have to work with it the most, or rather, about 10 feet of shelf space for the printed version!  It’s now growing at an average rate of about 1 foot every 6 to 7 years!

Additional reading:

A Simple Model for U.S. Spending Restraint, by Craig Eyermann (MyGovCost News and Blog, 3/31/15)How to Rack Up $18 Trillion in Debt and How to Pay It Down, by Craig Eyermann (MyGovCost News and Blog, 3/27/15)

How much will the federal government cost you for the rest of your life? Visit the Government Cost Calculator at
MyGovCost.org.

No comments: