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.
Resurrection (1899)
By Leo Tolstoy
This late 19th-century novel about nobleman Dmitri Ivanovich Nekhlyudov’s efforts at redemption after a life of sin is Tolstoy’s last major novel before his death in 1910. The readers will have a complex relationship with the tormented protagonist and his desperate attempts at redemption and forgiveness, since Nekhlyudov’s misguided decisions and youthful errors are often not so dissimilar from our own. Resurrection is a scathing exposition of the myriad prejudices of the man-made justice system and the hypocrisy of the establishment, while it also explores the economic philosophy of Georgism – of which Tolstoy had become a strong advocate toward the end of his life. [from the Culture Trip]
Political Economy Book Club discussions are open to everyone interested, without charge, and the text (in English translation) is available free from various sources including archive.org, who also offer a free audiobook. There is also a more recent translation by Anthony Briggs, which can be purchased or licensed in various formats and is available in some public libraries. Any questions about the PEBC may be directed to Convenor Bob Matter,
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.
More information about this six-session course is here. and here. This section of the course is free but you should preregister.
Adam Schuster will present “Diagnosing Illinois’ Fiscal Sickness and Prescribing a Cure” to the Henry George School. He is working on a 5-year fiscal plan to save the state and pay off its debt.
Adam is budget and tax research director at Illinois Policy Institute. Prior to joining the Institute, he worked in the Illinois Department of Labor to reduce unnecessary regulatory burdens and on an initiative to tie state spending to measurable outcomes.
Registration is required for this event. Those attending will be required to pick up a badge from building security to come upstairs. Please tell us you’re coming by sending email to info@hgchicago.org or calling 312 362-9302.
Michael Belsky, executive director Center for Municipal Finance at Harris School University of Chicago, will discuss ongoing research into the state and local pension crisis in Illinois.
Registration is required for this free event.
Event description at the registration link
Event description at the registration link