An interesting reality
It seems that there are two huge expenses with the income tax that most people don’t think about. According to Baylor prof Jim Garven, you’ve got $300 billion in compliance costs and an equivalent amount in the cost of noncompliance—what you pay when folks don’t pay honestly.
$600 billion, or somewhere around $4000-$6000 per household. I dare suggest that we’ve got a decent case for tax simplification in that statistic alone.
