Those cool people at CBS Sunday Morning recently reported that IRS collects only 85% of taxes due. In 2006, the uncollected 15% would have been 385 billion dollars and during the last decade the amount was 3 trillion dollars.
From fudging on deductions to listing someone else’s kids, the tax code invites cheating. When Senator John McCain was running for president, he pulled a post card from his pocket and said that the tax filing form should be that size. I say everyone should pay a personal income tax of 14% but what do I know. Last year, the IRS fired 5000 employees when they should have been adding tax collecting personnel.
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