FAIRTAXES
Most people in the US-Think Our Tax System is (Bad) !!!
Well: I agree & Fair Tax Org.: Plus Us-Can Make Our Tax System BETTER!
FairTax.org
tom@fairtax.org
tom.wright@fairtax.org
www.fairtax.org <------- A great org..Owner.
Contributions to Americans For Fair Taxation are not tax deductible because we lobby for
you in Washington, D.C.
(Posted---1/11/06)
A new Tax Foundation study by economists Scott Hodge, J. Scott Moody and Wendy P. Warcholik estimates that complying with the federal income tax code during 2005 cost U.S. taxpayers at least $265.1 billion, and cautions that that estimate is conservative. According That burden represented over 6 billion hours spent by individuals, businesses and nonprofits complying with the federal income tax code. Projections show that by 2015 the compliance cost will grow to $482.7 billion. The study notably excluded the productive value that people may have added to the economy if they had been working instead of filling out forms, but the size and economic importance of a $265.1 billion economic cost represents a work force of nearly 3 million people. In an earlier report the Tax Foundation has stated that the FairTax would eliminate more than 95 percent of those costs. See, http://www.taxfoundation.org , report No. 138.
WOW!
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Action-Not Words=Results!!!
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