The point is that the "last day" is x/365 instead of x/1 (in the case that your taxes must be filed by your birth day for the given year, for example). You're r

The point is that the "last day" is x/365 instead of x/1 (in the case that your taxes must be filed by your birth day for the given year, for example). You're right that there will ALWAYS be people waiting until the last minute, what he's proposing is that there are different "last minutes" for different people throughout the year so it's not an absurd number at one time.