Just cuious, how do yoy come with with the 15% number? Payroll taxes alone on the self-employed is 15.3%, up to the high $80k mark. Income taxes on top of that should then be starting at about 25% or so, gradually getting as high as 35-40%. Unless I'm missing something?
After the NRST, how much tax is avoided? I say 30%.
My point being, whatever the exact numbers, there is an increased incentive to cheat. Has this been taken into consideration with the 23% number? I don't think so.
The "it's full of faults" Brookings study does, and I believe it to be more realistic in its assumptions.