Reduced planning & tax avoidence costs; - discussed, negligible, less than 1%
Reduce tax compliance losses, due too errors, tax accounting and filing costs;- discussed, negligible, most accounting functions still needed to run business.
Reduced litigation/audit costs over government controversy concerning deductablity/exemption/depreciation rules and pushing the envelope;- discussed, very negligible, still needed to defend business deductibility of expenses
Increased efficiency in use of business resources and operating capital;-- ;unquantifiable gobbledygook- for most businesses, zilch.
Increased productivity and growing markets by reducing deadweight loss effects in intermediate & export level businessees; sounds a lot like the last one-- for most normal businesses, nada.
Repeal of the actual taxes remitted by manufacturers and other intermediate and exporting businesses upstream from retail sales.-- what taxes are you talking about? the income and payroll taxes go to the earner, corporate taxes are negligible as a percentage of sales;
discussed, negligible, less than 1%
negligible, most accounting functions still needed to run business
very negligible, still needed to defend business deductibility of expenses
unquantifiable gobbledygook- for most businesses, zilch.
sounds a lot like the last one-- for most normal businesses, nada
negligible as a percentage of sales;
Show us the the wide range statistical studies supporting your assertions. Sorry singular anectdotes and personal WAGs don't fly.
They fail to account for measured effect on macro economic level.
http://www.heritage.org/Research/Taxes/hl565.cfm
An American Economic Review study found that every dollar of taxes could impose as much as $4 of lost output on the economy, with the probable harm ranging between $1.32 and $1.47
Edgar K. Browning, "On the Marginal Welfare Cost of Taxation," American Economic Review, Vol. 77, No. 1 (March 1987), pp. 11-23."Another study in the Journal of Political Economy estimated that the corporate income tax costs more in lost output than it raises for the government."
Jane G. Gravelle and Laurence J. Kotlikoff, "The Incidence and Efficiency Costs of Corporate Taxation When Corporate and Noncorporate Firms Produce the Same Good," Journal of Political Economy, Vol. 97, No. 4 (1989), pp. 749-780.
Economic Burden of Taxation
William A. Niskanen
Presented October 2003
Friedman Conference
Federal Reserve Bank Dallas page 6.
www.dallasfed.org/news/research/2003/03ftc_niskanen.pdf"Given that the elasticity c implicit in recent U.S. fiscal conditions is about 0.8 and the average tax rate is about 0.3, the marginal cost of government spending and taxes in the United States may be about $2.75 per additional dollar of tax revenue. One wonders whether there are any government programs for which the marginal value is that high. Given the estimate of the long-term elasticity c from the U.S. time-series data, the marginal cost of government spending and taxes may be as high as $4.50 at the current average tax rate. "
Which your assertions fail to do miserable.
It would appear your statement:
At this point, just a reasonable paragraph explaining where the cost savings will come from would be nice, actual proof can wait.
was predicated on you being the judge of what is reasonable.
“No one should be judge in his own case. ”
-- Publilius Syrus (~100 BC)