Tuesday, April 15, 2003

Happy Tax Day: Stephen Moore, of the Cato Institute, reports that
Businesses will spend about 3.4 billion man-hours and individuals about 1.7 billion hours figuring out their taxes this year. That is the equivalent of 3 million people working full time year-round on tax-preparation work. This is more people than now serve in the U.S. armed forces. It is more man-hours than are required to build every car, van, and truck in the United States.
He has more.

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