Roger’s Rules

By Roger Kimball

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“Sadists who were trying to be nice”

February 7, 2010 - 8:58 am - by Roger Kimball
RWE
2010-02-08 09:42:50

I recall that a 1993 study conducted by 3 U.S Senators, one of whom was Sen Rudman, concluded that the U.S. Tax Code costs the private sector 40 cents for every dollar actually collected in taxes due to the costs of compliance with IRS regulations.

In other words, the actual burden of the tax system on the country is 1.4 times the money collected.