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Department of Government Efficiency (DOGE): US tax code must be simplified

Department of Government Efficiency (DOGE): US tax code must be simplified

Cointime2024/11/17 05:00
By: Cointime
XOLDTOKEN0.00%DOGE+0.62%

official X account of the Efficiency Department (DOGE) of the government released a tweet: In 1955, the US tax law was less than 1.5 million words. Today, the number of words has exceeded 16 million. Due to this complexity, Americans spend a total of 6.5 billion hours preparing and filing taxes each year. This must be simplified.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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