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.
![Henry George School photo by Chuck Metalitz](http://hgchicago.org/wp-content/uploads/2014/09/rube_goldberg.jpg)
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.
!["Chuck on Tax Day" Credit: Chuck Holton cc-licensed](https://hgchicago.org/wp-content/uploads/2014/09/9480323_592cb541fc_z.jpg)
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.
![No Wall, No Privilege: How True Free Trade Can Raise American Wages and End Poverty @ Overflow Coffee Bar | Chicago | Illinois | United States](https://hgchicago.org/wp-content/uploads/2013/10/Occupy_Portland_November_9_jobs_sign-225x300.jpg)
International trade has been a continuing issue throughout our history. The issues Henry George confronted in the late 19th century were similar to those raised in the recent election. His careful analysis showed that both sides were wrong, and proposed a trade policy to raise real wages of working Americans.
Despite huge social, technological, and demographic changes since George’s time, his analysis requires only very minor updates, and concludes that today, again, both sides are wrong. Take this opportunity to understand and evaluate for yourself a proposal to achieve widespread prosperity, here and now, thru True Free Trade.
This free presentation by Henry George School instructor Chuck Metalitz is adapted from our “Protection or Free Trade” course.
Metropolitan Planning Council’s Alden Loury will discuss his research into the costs that racial and ethnic segregation impose on all of us here, and might be persuaded to hint at the recommendations to come from phase 2 of the study. We have a post with a bit more information.
Bob Matter’s Political Economy Book Club is reading Jack London’s dystopian novel The Iron Heel. On June 25 we’ll discuss chapters 1-13, and on July 23 chapters 14-25. This 1908 text is available free from Project Gutenberg, in hardcopy from some public libraries, or as an audiobook. You can buy used hardcopies for < $10 from several vendors.
We’ll meet at the East Loop location of Bridgeport Coffeehouse, 73 E Jackson Blvd.
Bob Matter’s Political Economy Book Club concludes its discussion of Jack London’s dystopian novel The Iron Heel. On July 23 we treat chapters 14-25.
We’ll meet at the east loop location of Bridgeport Coffee, 73 E Jackson.