To: Your Nightmare
Those aren't the "bulk of our tax load." Actually, they are.
Compliance costs plus taxes on business definitely exceed personal income taxes.
Some of the studies that have been done even have compliance costs alone in excess of personal income taxes.
If my memory serves, it was Cato's studies that had those costs as being that high.
437 posted on
08/02/2004 8:08:55 AM PDT by
EternalVigilance
(John Kerry's America: "Weaker, Deader, Dumber")
To: Taxman
Please disregard my questions about the impact on small business.
I had time to research it.
I'm not going to be any better off as far as the State crap is concerned, but a LOT better off with the federal mess.
Thanks!
To: EternalVigilance
Compliance costs plus taxes on business definitely exceed personal income taxes.
So me any
reputable study that shows
business compliance costs plus business income taxes are greater than personal income taxes.
BTW, last year, individual income taxes were $765 billion and corporate income taxes were $168 billion. The reputable studies I've seen show a max business compliance costs below $200 billion.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson