Apr 26 2005
Americans Spend 6.6 Billion Hours on Taxes
Everyone blames cheap foreign labor for jobs moving overseas. Few want to look at the domestic hurdles our nation elects to place on our own competitiveness. I just read that that according to the IRS, America Spend 6.6 Billion Hours dealing with the US tax code. Talk about an anti-competitive waste of energy and resources.
Wealth gravitates towards where it can operate most efficiently. Wasting 6.6 billion hours on taxes is simply insane. And, so, this is just one of the many non-labor reasons why US consumers can’t afford to make their budgets work buying US made goods, and consequently why fewer businesses and industries stick with the US as a base for production and jobs.
