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To: Taxman

"I am talking about the total economic cost which includes the economic disincentives to work, save and invest. See James L. Payne's work -- he calculated .$65 in 1995. It has gone up since then."

-- I thought I read at FairTax.org that $0.65 is the high-end number.


235 posted on 08/01/2004 8:10:31 PM PDT by Remember_Salamis (Freedom is Not Free)
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To: Remember_Salamis

You probably did, and $.65 is the "official" value. But the study that produced that figure is 10+ years old now (book was published in 1995), and what with the changes in the code since then, $1.00 is easily in the ball park.

The true cost of the income tax system and the IRS is one that no government poobah would want known by the general public!


377 posted on 08/02/2004 3:07:34 AM PDT by Taxman (So that the beautiful pressure does not diminish!)
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