[Congressional Record (Bound Edition), Volume 154 (2008), Part 5]
[Extensions of Remarks]
[Pages 6091-6092]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          APRIL 15TH--TAX DAY

                                 ______
                                 

                         HON. MICHAEL T. McCAUL

                                of texas

                    in the house of representatives

                        Tuesday, April 15, 2008

  Mr. McCAUL of Texas. Madam Speaker, once again the Tax Man cometh. 
Today, April 15, is the day American taxpayers scramble to comply with 
a tax code, over 67,000 pages long.
  In 2007, individual taxpayers spent an estimated 3.18 billion hours 
complying with the Federal income tax laws. Individuals spend $26.5 
billion for tax software, tax preparers, postage, and other costs 
related to filing their Federal income tax, while corporations spend 
$156.5 billion to comply with Federal tax laws. Americans may send two 
and a half trillion dollars to the IRS, but the cost to our economy is 
much greater. Despite this, the majority party is forcing a $654 
billion tax increase on the American people, the largest in American 
history.
  It's time to scrap the IRS and this oppressive tax code. It's time to 
look at the fair tax or the flat tax as viable alternatives to our 
overly burdensome tax code. It's time to stop punishing taxpayers and 
pass fundamental tax reform.

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