Political Quotes

On the recordApril 15, 2015
it has been said that April is the cruelest month. I think that pretty much captures how Americans feel as tax day approaches each year. This year, Americans will spend 114 days working to pay their Federal, State, and local taxes. In other words, Americans may have submitted their Federal tax returns or be getting ready to submit them tonight, but they are still not done working off their taxes. In fact, Americans won't start earning a dollar for themselves until April 25, almost one-third of the way through the year. Americans spend 6.1 billion hours every year trying to comply with the Tax Code. That is an average of 19 hours for every man, woman, and child in the United States or an average of 76 hours for a family of four. Almost half of small businesses spend more than $5,000 each year on tax compliance; that is $5,000 on top of their tax bill. Paying taxes is never going to be on the top of Americans' list of favorite activities, but it doesn't have to be the torturous process it has become. The Tax Code takes too much time to comply with, and it takes too much money from hard-working Americans. Comprehensive tax reform is long overdue. Unfortunately, instead of tax reform, under the Obama administration Americans have just gotten more taxes. The President's health care law created or raised taxes to the tune of more than $1 trillion over the first decade.…
Said by
John Thune
Republican · South Dakota
Source
govinfo.gov
Apr 15, 2015

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