{
  "id": 9774600,
  "title": "Tax Complexity Now Costs the US Economy over $544 Billion Annually",
  "url": "https://urgent.news/2026/09/25/tax-complexity-now-costs-the-us-economy-over-544-billion-annually",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T11:50:51.000Z",
  "source": {
    "name": "Tax Foundation",
    "slug": "tax-foundation",
    "url": "https://taxfoundation.org/data/all/federal/irs-tax-complexity-costs-us-economy-over-544-billion-annually/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Americans will spend 6.9 billion hours complying with IRS tax filing and reporting requirements in 2026, costing about $387 billion in lost productivity. Including an additional $157 billion in out-of-pocket costs, complying with the federal tax code will cost Americans more than $544 billion this year, over 1.7 percent of GDP.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}