As it currently stands, the tax system, all three million words — is virtually impenetrable without professional assistance, precisely the reason Americans spend 6.6 billion hours, and $200 billion, on tax compliance, simply figuring out how much tax they actually owe. Consider that the market capitalization of General Electric is also around $200 billion, meaning that the expense of paying taxes, not even the taxes themselves, amounts to the value of one of the world’s largest companies…year after year after year.
Oh taxes.
Upset Patterns 
April 13, 2010 at 7:53 am
In an effort to give tax breaks to those deemed “worthy” of them, it seems politicians have made everybody worse off by making a tax system that is so complicated and full of so many loopholes that everyone spends useless time trying to comply. In the end, it is rich people who can afford the hassles of figuring out how to pay taxes and what loopholes they can jump through…exactly the opposite intention of the insanely complicated tax system.