The Tax Foundation

August 15, 2006

New York Sun -- Tax Momentum

The Senate Finance Committee recently began its tax reform effort in earnest, holding a hearing called "Kick-Off for Tax Reform: Tackling the Tax Code." It certainly needs tackling.The number of pages of federal tax rules exploded to 66,498 in 2006 from 26,300 in 1984, according to a Cato Institute study. Compliance costs with this mass of rules topped $265 billion in 2005, according to the Tax Foundation.

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