Americans spend 7.6 billion hours each year doing their taxes.
Americans hire over 1 million accountants each year for tax help.
We spend $27.7 billion a year preparing taxes.
America has 98,000 troops in Iraq… and 101,054 employees at the IRS.
The number of pages in the tax code has increased 16,775% in the past century.
Where’s all that money going? 54% of discretionary spending goes to the military.
New York City has the highest corporate income tax in the world.
A $100k earner takes home 10% less in NYC than in Texas.
Dividend stock investors get taxed twice… first the company pays taxes on earnings, then you pay taxes on dividends.
700 wealthy Americans are donating their tax breaks this year back to the U.S. government… such as Bill Gates.
84% of people think it is NOT AT ALL acceptable to cheat on your taxes.
Around 90 percent of people who employ babysitters and housekeepers end up cheating on their taxes.
Report your company for tax evasion, and you can earn 30% of the amount collected.
CORPORATE TAX EVASION: GE made $10.3 billion in pre-tax income in 2008, but didn’t have to pay a single cent in taxes.
BUSTED: In 1997, Wesley Snipes reported his adjusted income as $0, when according to the government his income was over $7 million.
CORPORATE TAX EVASION: Bank of America paid no taxes in 2009, even though it made $4.4 billion income.
CORPORATE TAX EVASION: Molson Coors paid no taxes in 2009, and was actually paid $14.7 million by the government.
BUSTED: In 2009, Treasury Secretary Timothy Geithner stumbled through his confirmation after it was revealed he failed to pay taxes of $42,000 on IMF income.
