From: EvMick@aol.com
Date: Sun Jun 06 1999 - 17:52:29 MDT
Just a little tidbit i dug up...now tell me again how our government is so
smart...(so smart it can tell us who can or can not own guns... or who can or
can not make other decesions...) and that we should respect it and know that
it holds our best interest at heart...
According to the March 14, 1999, edition of Doug Fiedor’s newsletter Heads
Up, the IRS publishes 480 tax forms and 280 forms to explain them, sending
out eight billion pages of forms and instructions each year which, if laid
end to end, would circle the earth 28 times. Nearly 300,000 trees are cut
down each year to produce the paper on which IRS forms and instructions are
printed. Each year, Americans devote 5.4 billion hours complying with the tax
code, which is more time than it takes to build every car, truck and van
produced in the United States. The cost of complying with the tax system
totals about $200 billion annually, or $700 for every person in America. The
corporate income tax costs the economy more in lost production than it raises
in revenue for the Treasury. Dale Jorgenson, the chairman of the Economics
Department at Harvard University, found that each extra dollar the government
raises through the current system costs the economy $1.39.
Doug gives details of a bill before Congress for replacing this monstrosity
with a flat tax of 17% on all income, with a family of four paying no tax on
the first $35,400 of their income. This is from the same newsletter that was
talking about the sellout of strategic defense technology to China a year
before the general media picked it up.
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