The US Tax Code is ridiculously complex and filled with holes and crafty wording that allows interpretations by knowledgeable tax lawyers to dance a circle with IRS employees that would rival any witch-doctors dance.
The Code has grown so large over the years that it has become challenging even to figure out how
long it is. Research of the Code conducted in 2008 turned up 3.7 million words. Previous research in 2005 put the number of words at 2.1 million. Similar research in 2001 published by the Joint Committee on Taxation put the number of words in the Code at that time at 1,395,000.
In 2001 they found that the number of words in the US Tax Code had more than tripled since 1975.
Follow the 1461According to the National Taxpayers Union, the 2014 US Tax Code came in at 3,951,104 words and was printed over 73,954 pages.
In 1913 the 16th Amendment to the Constitution established the government's right to tax income. It stated that "[t]he Congress shall have power to lay and collect taxes on incomes, from whatever source derived".
In 1913 the code was 400 pages long.
Join the conversation in the comments!
Read the 1461 Comment Guidelines.
1461 reaches over 1.5 Million People!
No comments:
Post a Comment
Welcome to the 1461. Join the conversation.
If this is your first visit - read the Comment Guidelines
Remember you have a Constitutionally protected right to anonymous political free speech, not a free pass to be an ass.