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To: balrog666
Wow, let's risk the entire US economy going into the tank for that little piece of tripe!

The economy is at risk because the oppressive IRS exists. The IRS takes money from income earners before they get their paycheck not to mention embedded VAT's and the cost of compliance with the 60,000+ page tax code. Compliance costs the taxpayer $265 billion per year. That's money taxpayers could spend or invest if the IRS was abolished.

Let's see, that's all of 0.001% of Federal expenditures.

You contradict yourself. If the IRS is only .0001% of federal expenditures as you claim then eliminating it will have little impact on the economy.

54 posted on 04/15/2006 4:52:31 AM PDT by Man50D
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To: Man50D
the cost of compliance with the 60,000+ page tax code
The tax code isn't 60,000+ pages.


Compliance costs the taxpayer $265 billion per year. That's money taxpayers could spend or invest if the IRS was abolished.
That "cost" isn't money, though. It's an economist's view of cost. The vast majority of that "cost" is leisure time spent doing taxes (which is still overestimated). Most people can't convert their leisure time into cash, so the "cost" is really less time watching TV, not cash out of pocket.
61 posted on 04/15/2006 6:18:07 AM PDT by Your Nightmare
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