Honestly,...how pennies does it cost to collect $1 of tax? The percentage must be enormous. There is an literal army of IRS agents, whole department of employees in private business, and the cost and lost time to the individual citizen just to process the paperwork.
Any system that would reduce the number of pennies per dollar collected would be better. Completely abolishing the IRS would be best. A point of sale tax would likely be the least expensive.
I absoultely hate taxes and the filing of taxes and the paying for the filing. I think when you look at what the gov’t pays these IRS thieves...plus what we pay to CPAs, I bet that the gov’t is getting probably less than 50cents on our tax dollars the rest going to others, plus the waste once the get that.
Dessolve the IRS... get a flat tax... or user tax...
Some years ago, I read a report (and, I’m sorry I cannot reference it) that claimed that it cost the US economy as much as $1.00 in direct and indirect costs to raise $1.00 in revenue.
RayChuang88, in post 52 quantifies a bit of that, and, if anything, I’d guess the $1.9 Trillion he refers to is only a conservative estimate. Tax Foundation is not known for WAGs!
Not to mention “What is your nice Spring Holiday every April 15 worth to your mental health?”
I have long proposed that when FairTax becomes law of the land that April 15 become a national holiday!
“NATIONAL TAX FREEDOM DAY!”
Because this issue really is about FReedom!