Government is obese. In the 1980s the number of pages in the federal tax code was 26,300, according to the CCH Standard Federal Tax Reporter. Now that number is over 73,954 pages. Add to that the cost of planning, time, and paperwork, and the cost of tax complexity is an estimated 6.6 billion hours per year.
The Federal Register, dubbed the “Ten Thousand Commandments” by the Competitive Enterprise Institute, results in a total federal regulatory burden of $1.8 trillion a year, over half the size of the federal budget. If the pages of the Federal Register were stacked, the pile would exceed Washington, D.C.’s height limit for buildings.