Taxpayers and businesses spend over six billion hours a year complying with tax-filing requirements.
Robert Packwood: “Taxpayers and businesses spend over six billion hours a year complying with tax-filing requirements.”
Editor's note · Context
Packwood highlights the excessive compliance burden of the current tax system.
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I have been here for 30 years. Three times we have put the investment tax credit in in tax reform. Three times we have taken it out in tax reform. Now you tell me, when is it reform, and when does it work to help the economy?
Lloyd, you absolutely cannot count on my vote. I'm going to vote against it, but I will get you votes to pass it.
When we're in the Sunshine, as soon as we vote, every trade association in the country gets out their mailgrams and their phone calls in 12 hours and complains about the members' votes. But when we're in the back room, the Senators can…
Well, that is why this committee--at least in Bill's and my era, there was much more nonpartisanship in the Senate than there apparently is today.





