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To: rolling_stone
....A recent comprehensive study done by IBM Business Consulting Services under contract to the IRS concluded that, in tax year 2000, the 125.9 million individual taxpayers had a total compliance burden of 3.21 billion hours and $18.8 billion in monetary expenditures. This translates into an average burden of 25.5 hours and $149 per taxpayer.

That is a lot lower than the $650 Billion in compliance cost pigdog keeps telling us. I can believe there is about $100-200 Billion in compliance costs including a reasonable salary people would pay themselves for the time they spent. At most actual real savings in compliance costs realized by business may be around $100 Billion by eliminating the federal income tax. But then again compliance with the sales tax will not be zero, and I don't buy the 90% less either.

237 posted on 09/20/2005 10:35:41 AM PDT by Always Right
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To: Always Right

Firstly - I don't "keep telling" you any such thing. I think you have me mixed up with another poster. I rarely (if ever) mention any specific numnbers in relation to compliance costs.

Since we're on the subject, however, be sure to see #236 where I note 1/2 Trillion for what amounts to compliance costs (and I suspect even that's low since it comes largely from IRS-derived numbers - and they certainly aren't going to make themselves look as bad as they really are).

And it's true - compliance costs for the FairTax will basically be zero for taxpayers - unlike at present. Even the businesses collecting the FairTax (and the states, too) are paid for doing so ... there is no unfunded mandate as at present.


255 posted on 09/20/2005 12:55:25 PM PDT by pigdog
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