Watch CBS News

Largest Tax Return: Guess Who

IRS Logo courtesy the Internal Revenue ServiceIf General Electric (GE) had paper-filed the largest tax return in history its contents would have numbered 24,000 pages. Luckily, it chose to eFile and instead opted for a 237 MB file routed to the IRS via the Internet. According to Boise Cascade, illustrious purveyors of paper, 24,000 pages equates to about 1/4 of a cord of wood -- 'twould have nearly been a tree!

Last year, the IRS touted the new eFiling system as a great beacon of future tax efficiency. Others posit it merely shows our current code is a veritable Tower of Babel. But the IRS is so confident in the new filing method that it began requiring corporations with assets greater than $50 million to file electronically starting last year.

On a side note, I pondered the possibilities of a block of voting trees. If trees could vote, they'd vote for an overhaul of the tax code. Then again, they'd probably also vote for electronic voting... so I don't know if I'd support allowing trees to vote. I'm interested in hearing your thoughts on voting trees, tax laws, the IRS...

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.