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Tax-Filing Burdens Worsen, with Little Respite in Sight, Citizen Group's Annual Study Finds
For Immediate Release April 15, 2008
Pete Sepp, (703) 683-5700
(Alexandria, Va.) -- Taxpayers continue to be buried under burdensome federal income tax regulations, according to the 362,000-member National Taxpayers Union's (NTU) 10th annual study of tax law complexity trends. Taxpayers using any of the 1040 tax form series will spend an average of 26.5 hours and $207 completing their returns this year, up from 25.4 hours and $185 three years ago.
"American taxpayers are spending inordinate amounts of time and money navigating the nation's twisted Tax Code," NTU Senior Counselor and study author David Keating said. "Tax complexity probably will get worse before it gets any better, unless lawmakers start quantifying burdens (or, in the rare case, savings) for proposals that affect our tax laws."
NTU has conducted comprehensive examinations of Tax Code complexity since 1999, providing historical trends of the increased burden on citizens and businesses in complying with IRS demands. However, the IRS recently has revised its methodology for reporting compliance burdens, making NTU's research all the more challenging. Among the findings of the study:
NTU is a nonpartisan, nonprofit citizen organization founded in 1969 to work for lower taxes, smaller government, and economic freedom at all levels. Note: NTU Policy Paper 125, A Taxing Trend: The Rise in Complexity, Forms, and Paperwork Burdens, is available online at www.ntu.org.