6 days from now millions of Americans will be scrambling to get their Federal income taxes done. Every year at this time we are reminded how much of a burden the American tax payer bears. Here are some facts: 10 years ago the IRS said it took the average person 9 rac{1}{2} hours to complete a 1040 form. Today it takes 13 hours. That is enough time to play four baseball games. This year it will cost Americans about $194 billion just to comply with the tax code, enough to buy 4.7 million brand-new Cadillacs. The IRS employs over 104,000 people. That is four times as many people that work for the FBI. Mr. Speaker, if there is a lesson to learn from all of this it is this: that taxes will keep going up and up if we do not constantly fight to keep them down. In 1913, the first year of the Federal income tax, the top rate was 7 percent and that was the rate for millionaires. Today the top rate is almost 40 percent. The American people need more tax relief, tax reform and IRS reform; and I urge my colleagues to make this a priority this year.
Joe Pitts: “6 days from now millions of Americans will be scrambling to get their Federal income taxes done. Every year at this time…”
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Discussing the burden of federal income taxes and the need for tax reform.
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