The Econophysics Blog

This blog is dedicated to exploring the application of quantiative tools from mathematics, physics, and other natural sciences to issues in finance, economics, and the social sciences. The focus of this blog will be on tools, methodology, and logic. This blog will also occasionally delve into philosophical issues surrounding quantitative finance and quantitative social science.

Tuesday, April 17, 2007

Tax Time in the US

Federal (and most state) income taxes are due today in the U.S. A New York Times article by David Cay Johnston reveals that the middle-class are more likely to be audited this tax season by the I.R.S. than those wealthier them. Much of this seems to stem from the increased complexity of the tax code under Republican rule for most of the decade to date. This is ironic since many Republicans have traditionally advocated for simpler tax laws.

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