Eric Lecompte from Jubilee USA Network on tax filing

Global Business

Americans have until April 15th to submit their 2014 taxes or apply for an extension. Americans pay Uncle Sam over $3 trillion each year, and spend over 6 billion hours a year making sure taxes are correct.Eighty percent tax file electronically, 80 percent get a tax refund, and 60 percent of American get help on their taxes. The IRS budget has been cut 18 percent in the last five years. There is 20 percent fewer IRS employees devoted to enforcing tax laws. Finally, the tax code has five times more words than in the bible.

For more on filing tax in the U.S., CCTV America interviewed Eric Lecompte, executive director of Jubilee USA Network.

Eric Lecompte from Jubilee USA Network on tax filing

Eric Lecompte from Jubilee USA Network on tax filing

For more on filing tax in the U.S., CCTV America interviewed Eric Lecompte, executive director of Jubilee USA Network.