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.
In commemoration of “tax day,” the hypothetical due date for Federal and State personal income tax returns, we’ll discuss a sensible proposal by a man who understood the danger of an income tax: Henry George. In this free introductory session, we’ll review the problems George saw in his time, and discuss how they persist today. We’ll outline what he proposed to do about them, how his recommendations apply today, and provide an overview of the Progress & Poverty course.
The course continues on Friday afternoons thru May 20. Should you choose to enroll, there will be a $25 registration fee.
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.
Once again this year, our colleagues from the Public Revenue Education Council will have a booth at the annual conference of the National Council of State Legislators. PREC travel to the host city each year, and in 2016 they’re at McCormick Place in Chicago.
PREC will want assistance from local people who have completed one or more courses at the Henry George School and understand the fundamentals of political economy, especially land value taxation and the “two-rate” or “split rate” tax. If you might like to help out, contact Chuck Metalitz for more details. Because this conference of public officials is closed to the public, this might be you only way to get into the exhibit hall, and requires pre-arrangement. Only a limited number of these volunteer positions is available.
Join us in celebrating Income Tax Appreciation Day. This page will be updated with specifics of our celebration as we figure out how best to do it.