[Congressional Record Volume 148, Number 39 (Thursday, April 11, 2002)]
[House]
[Page H1205]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SIMPLIFY OUR TAX CODE
(Mr. GIBBONS asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. GIBBONS. Once again, Mr. Speaker, April 15, tax day, is just a
weekend away; and too many Americans spend too much time and too much
money preparing and paying their taxes. The estimated preparation time
for an IRS 1040 form now is right at 13 hours and 27 minutes, and those
unfortunate taxpayers who need to itemize their deductions will be
devoting an additional 5\1/2\ hours in preparing their tax forms.
It is obvious, Mr. Speaker, that our Tax Code is too complex and
places too great a burden on our hard-working families. Too many
Americans, over 67 million filers, spend millions of dollars employing
professional tax preparers just to wade through the Tax Code; and it is
pretty tough to wade through 2.8 million words of our Tax Code. Even
the book ``War and Peace'' is a quicker read at 660,000 words.
Mr. Speaker, it is time to simplify our Tax Code. It is the fair
solution to such a taxing problem for every American.
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