The nation's tax law is so thick and complicated that businesses and individuals spend more than 6 billion hours a year complying with filing requirements. That's the equivalent of 3 million people working full-time, year-round.
From creating private sector jobs to reining in taxes and spending, Governor Chris Christie did take some time to list his accomplishment from last year, but his State of the State Address was primarily focused on Sandy and the State's recovery from the super-storm.
Unable to round up enough support, House Republicans abruptly put off a vote Thursday night on legislation allowing tax rates to rise for households earning $1 million and up, complicating attempts to avoid a year-end fiscal cliff that threatens to send the economy into recession.
The Internal Revenue Service says up to 100 million taxpayers -- about two-thirds of all filers -- won't be able to file their 2012 tax returns until late March if Congress doesn't adjust the alternative minimum tax by the end of the year.
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