But what's even dumber than claiming that cutting the IRS staff will help balance the budget is the underlying assumption that less enforcement of the tax laws will somehow not lead to rampant tax evasion
I want to state that saving money by cutting the IRS is a little like saying you’ll save air by not breathing.mention the programs that get most of the money… if you accuse them of wanting to cut Social Security, Medicaid, Medicare, income support for poor people, National Defense or veterans benefits they will say shame on you for even thinking I would do that.Well, the cost of running the government is 2%, and foreign aid is 1%.
Last year the revenue service collected just over 4 trillion in gross taxes and issued 1.1 trillion in refunds, that nets out to three trillion deposited into the U.S. Treasury.But as a percentage of the three trillion it collects, the cost of running the IRS is less than 1%! It’s less than .5%! It’s .44%!The typical markup when you buy something at Walmart is 30%.
But what’s even dumber than claiming that cutting the IRS staff will help balance the budget is the underlying assumption thatlead to rampant tax evasion and will magically have no effect on revenue collection.Listen to Seattle’s Morning News with Dave Ross and Colleen O’Brien weekday mornings from 5 – 9 a.m. on KIRO Newsradio, 97.3 FM. Subscribe to the
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