This presentation looks at the cost of collecting the income tax. The IRS overhead itself represents the direct cost to the government in generating this revenue. Beside that there is the burden put on the tax payer in preparing his return, in the case of an audit there may be the cost of representation before a tax court. You also become aware of the vast amount of human resources wasted on this activity for the revenue generated.
Since earliest civilizations, humans have recognized that food is a product of farmland (and, yes, pastureland, fisheries, etc) and have managed to cultivate enough land to feed themselves. Yet today we routinely convert farmland to urban use. American Farmland Trust (AFT) seek to ensure continued agricultural use of some land by buying development rights from farmers, and try to make farms more viable by facilitating community supported agriculture. The geoist fiscal reform provides an alternative way to encourage more conservative and productive use of all land. With additional material from YES! magazine about the slow food revolution, this presentation by HGS instructor Bob Jene suggests that an alliance between AFT and geoists might benefit both.
Would Rube Goldberg have been able to design a less straightforward system of funding government than the U S Federal income tax? In this presentation, HGS instructor Bob Jene looks at what it costs to collect this revenue. The direct cost to the government of operating the Internal Revenue Service is only a small part, as the burden put on the taxpayer, and the diversion of effort from productive uses, should also be considered.
Right on the streets of every American community, robbery takes place every working day. You might not realize how much value the people of Chicago (and every other community) create, simply by going about our daily activities. What is this wealth, how do we create it, and where does it go?
Originally conceived as a field trip for Progress & Poverty students, this stroll — about 2 km and 90 minutes — presents some answers for those interested in finding out. Additionally, we’ll take a look at recovered loot of a long-ago theft, learn how Thomas Jefferson would have solved the problem of financing Chicago’s public schools, and see an economic development incentive that costs less than nothing. We might stop for snacks along the way (individual settlement).
Detailed sourced notes will be provided. This is now a free tour, no donation required, although we do appreciate (tax-deductible) contributions from those who can afford it and find the event worthwhile.
Do we need to suffer like this (and/or pay someone else) in order to fund government? In this presentation, HGS instructor Bob Jene looks at what it costs to collect income taxes. The direct cost to the government of operating the Internal Revenue Service is only a small part, as the burden put on the taxpayer, and the diversion of effort from productive uses, should also be considered.