Feeds:
Posts
Comments

Posts Tagged ‘IRS’

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.

Read Full Post »