Page 21 - 718 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The tax consulting firm bdo. what they found was that you and i may go shopping but we don't do more shopping just because we can get into the store earlier. federation, the retail federation actually found most of us are going to spend less this year than last year. very wealthier going to spend much more. you and i are going to spend 704 bucks. that's down from 718 bucks last year. the real problem is if you are looking at the g.i. joe or can you think if you grip. if it was on sale in october but now not on sale you will be upset and go to a different store. that's one things the retailers ...

aren't statistics they are people in pain. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in "the situation room". we begin this hour with what's happening in iowa. right now the state that holds the lead off presidential contest is gauging early support for the republican candidates. we're standing by for the results of the iowa straw poll. the winner could get an important boost heading in to the 2012 primary season. cnn don lemon is joining us from ames, iowa. don? >> all right. thank you very much for that, wolf. joining me ...

They think obama is a shoo-in because of the mission. >> would he already have voted for obama? >> i have a cupping comments from people who said they weren't going to -- jude 718 says i was going to vote for him again even before osama bin laden's death. he got a huge mess dumped on his lap when he took over. another one from somebody who said i wasn't going to and this will make me change my mind and vote. >> it's a long way until 2012. >> another interesting one. fanny brings up a recent history. i remember desert storm vis-a-vis george h.w. bush's election. you can lose after huge successe...

U.s. tax code can be excruciating. new online video exposes complying with the code can be costly for you and your family. >> just complying with the tact code will cost us 338 billion dollars this year. the reason for this punitive compliance cost is politicians keep making the tax system more complicated. the chart you see on the screen shows the number of words of tax law and regulation just for the income tax has jumped from 718 in 1955 to more than 7 million in 2005. who knows how high it is now. dealing with that complexity is time-consuming. irs estimates we spend 7.6 billion hours each...

U.s. tax code can be excruciating. new online video exposes complying with the code can be costly for you and your family. >> just complying with the tact code will cost us 338 billion dollars this year. the reason for this punitive compliance cost is politicians keep making the tax system more complicated. the chart you see on the screen shows the number of words of tax law and regulation just for the income tax has jumped from 718 in 1955 to more than 7 million in 2005. who knows how high it is now. dealing with that complexity is time-consuming. irs estimates we spend 7.6 billion hours each...