Political Quotes

Jack Kingston: did the gentleman know that the Tax Code contains 5.7 million words. Now, that is eight times as many words as the…

On the recordJuly 19, 2000
did the gentleman know that the Tax Code contains 5.7 million words. Now, that is eight times as many words as the Bible. One thing they do have in common is the Tax Code gives lots of instructions, but the Tax Code gives very little inspiration and zero forgiveness. In terms of the IRS laws, there is 101,200 pages of IRS laws and regulations. Just to comply with this Tax Code, our American taxpayers spend about $250 billion each year paying the H&R Blocks, paying the accountant down the street, the local folks, paying the lawyers or whatever, businesses, $250 million. To give my colleagues an idea, for our Commerce, State and Justice bill that has a lot of our drug enforcement money, we spend about $35 billion on that. So we have $250 billion to comply with taxes, not to pay taxes, but to comply, and yet to fight drugs, $35 billion. It is absurd.
Said by
Jack Kingston
Georgia

Editor's note · Context

Discussing the complexities and costs of the U.S. Tax Code and its impact on taxpayers.

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