| Just in time for tax day tomorrow, here’s a fascinating new video with some facts about taxes you might not know or want to know. The U.S. tax code gets more complex every year. It violates civil liberties and, left unchanged, will leave the United States at a powerful competitive disadvantage in years to come. Chris Edwards, Director of Tax Policy Studies, Senior Fellow Daniel J. Mitchell and Director of Information Policy Studies Jim Harper dissect the troubling aspects of our tax system. According Edwards, the tax system is growing at startling levels — there are 70,000 pages of tax regulations and $300 billion in compliance costs — and it’s only going to get worse. |
Tags: Cato Institute, FairTax, federal government, Flat Tax, IRS, tax day, tax system, US Congress, video, Washington D.C. To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
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