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TERRIBLE TAXES

The Treasury estimates 169 million Americans file individual income tax returns/year. On average each person spends 12 hours and 37 minutes on them. That’s 2.1 billion hours, which are worth $45 billion, plus out-of-pocket costs of almost $49 billion, which totals almost $94 billion in collective societal costs. What a colossal waste of time and money. For crying out loud, make this process quick and easy like in many nations!

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