"The numbers are staggering: Americans have spent 6.5 billion hours preparing their income tax returns, with an opportunity cost of over $280 billion for preparation alone. The average American individual income tax return now takes 9 hours to complete," the foundation said in a report shared with Inside the Beltway.
Inside the Beltway: Trump's daughter-in-law says his poll numbers are rising amid trial
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The solution to this problem is to simplify the tax code,” the organization said in a statement shared with Inside the Beltway, noting that it has produced “copious studies” on the best ways to lessen the burden on taxpayers every year.
Inside the Beltway: Americans waste billions of hours, bucks preparing for the tax man
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!["I think a lot of people went into tax season acting as if it was last year — keeping the same receipts, going through the same process," Rep. Kevin Brady, Texas Republican, said Monday on CNBC. "I know for [my wife] Cathy and I, we now realize there's a lot of things we don't have to do going into tax season next year that'll be helpful." (Associated Press)](https://twt-thumbs.washtimes.com/media/image/2017/12/15/congress_taxes_65567_c0-196-5062-3146_s652x380.jpg?79f14bdb04cc5ab20371996ab0219d1d092847f5)
