« Pentagon: Right Balance On Body Armor |
Main
|
Bumfight!: Arlen Spector Vs. Ted Kennedy »
January 12, 2006
Cost of Simply Accounting For Taxes Last Year? $265 Billion (With a B)
Not how much is paid in taxes. How much it costs just to figure your taxes and comply with tax laws:
To put this amount into perspective, only 29 countries in the world have GDPs greater than than $265 billion. There are only 12 states in this country whose gross output is greater than $265 billion. This amount is greater than the revenues of Wal-Mart, the world's largest corporation.
I will say though that income taxes are inherently a complex affair.