Detailed text transcripts for TV channel - FOXNEWS - 20100417:09:46:00
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...