In article Ddo%c.143369$Fg5.24547@attbi_s53, "Marc J. Zeitlin"
writes:
Wdtabor wrote:
.......That will save us
the $100Billion it costs us each year to operate the IRS.....
In the interest of accuracy, the budget of the IRS is about $10B -
$11B - you're off by a factor of 10. I have no comment about any of the
rest of it.
You are correct, I misremembered that one.
Even so, the cost of compliance by the private sector are nearly equal to 20%
of the total collected. Nearly all of that would be eliminated under the
FairTax for business, and compliance cost for individuals would be one first
class stamp a year.
--
Wm. Donald (Don) Tabor Jr., DDS
PP-ASEL
Chesapeake, VA - CPK, PVG
|