George W. Bush: Tax Time Reform

Posted by admin on Sunday, January 30, 2011

Funny Money Quotes: Presidential malaprops, hyperbole and misstatements aside – we spend a lot of time writing, reviewing and checking our tax forms. George W. Bush said:
 
Americans spend 6 billion hours a year filling out their tax reforms Quote
 

“Americans spend 6 billion hours a year filling out their tax reforms” — George W. Bush

 

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George W. Bush seems to be highlighting the immense amount of time and effort that Americans collectively dedicate each year toward complying with tax requirements and filing tax forms/paperwork. By quantifying it as 6 billion hours annually, Bush emphasizes how substantial the compliance burden is in terms of real hours of people’s lives spent on tax activities rather than other pursuits.

His point appears to be that the complexity and volume of the tax system necessitates an enormous allocation of resources from citizens simply to fulfill their tax obligations. In this way, Bush may have been implicitly arguing that tax code simplification could save Americans countless productive hours each year.

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