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- Just one more signature, and whew! Our taxes are finally done. (sighs heavily) - Great, whats the damage? Huh, not bad. - Yeah, well, theres one more tax that isnt listed on these forms. - Really? - Yeah, and its one that every American has to pay, even though you rarely think about it. And its not only the government doing the taking, our health insurers, our phone companies, even our employers all get their cut. - Theyre cut of what? - Your time. (upbeat music) - The American tax system is one of the most complicated in the developed world, and it places a unique burden on its citizens. The average American spends 11 hours completing all the necessary paperwork, and we collectively spend around $12 billion a year on tax preparation services and softwares, not to mention the repercussions if you get something wrong. - Journalist Annie Lowrey calls this the time tax, a levy of paperwork, aggravation and mental effort imposed on citizens Its the shifting of the burden of b