Re: IRS has budget of $160 Million???

Thread View: net.taxes

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1 total messages Started by Barry Shein Fri, 11 Jul 1986 23:44

#922

Author: Barry Shein
Date: Fri, 11 Jul 1986 23:44

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Whatever the exact budget of the IRS, there are lots and
lots of other costs not accounted for in the current system.

One among them is the IRS taking people to court (this incurs
governmental costs for the court system, the IRS doesn't rent
the courts and judges etc.) Also, lost revenue involved in things
like selling off re-possessed properties (if it were worth the
tax bill why didn't the owner just sell it?)

Not to mention how many people take April 14th off every year...:-)

	-Barry Shein, Boston University

Do I think the new tax system is a good thing? Not sure, could provide
some interesting action in the stock market December and then January
which is more interesting to think out loud about in net.invest...(ie.
if you don't like paying taxes, don't make money...)

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