73,608 pages and counting

  • Oct 4, 2013
  • Source: CNBC
  • by: Mark Koba
It's doubtful most people will notice, let alone celebrate, Friday's 100th anniversary of the U.S. income tax code. But, yes taxpayers, Oct. 4, 2013, is the centennial.

So, happy birthday income tax?

"In 1913, the tax code consisted of 400 pages," said Timothy Nash, a professor of free market economics at Northwood University.

"By 2012, the tax code was 73,608 pages," he said. "We have gone from a simple tax system to a complex, unfriendly system."
 Source: CNBC
Tags: Issues: ; Categories:

People, Places & Things

Article Index