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The Tax System Is So Bad

April 15, 2009

Tax Compliance Costs Nearly $300 Billion Annually
Complying with the nation’s Tax Code now costs American families and businesses more time, money, and frustration than ever, according to NTU’s 11th annual study of tax complexity trends. Taxpayers using any of the 1040 tax form series will spend an average of 26.4 hours and $209 completing their returns for the most current tax year, up from 25.4 hours and $185 four years ago.

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