Re: CryptoAnarchy: What's wrong with this picture?
From unicorn@schloss.li Fri May 3 23:23:21 1996 Accounting costs as a result of a deduction based, multi-tiered, progressive, and supplimented system of income taxation are silly. By the way, the IRS (in spite of it's shortcomings) is (by far) the most efficient tax collecting organization among the major economic powers. It costs roughly $0.50 per $100 collected. Canada is second at about $1, Germany (for instance) is at about $7, mostly because they don't have payroll deductions. /jordan
On Sat, 4 May 1996, Jordan Hayes wrote:
From unicorn@schloss.li Fri May 3 23:23:21 1996
Accounting costs as a result of a deduction based, multi-tiered, progressive, and supplimented system of income taxation are silly.
By the way, the IRS (in spite of it's shortcomings) is (by far) the most efficient tax collecting organization among the major economic powers. It costs roughly $0.50 per $100 collected. Canada is second at about $1, Germany (for instance) is at about $7, mostly because they don't have payroll deductions.
An organization that is efficent at enforcing a immensely complex set of regulations incomprehensible to joe sixpack is not a good thing. Recall also that the IRS enforces the rules and intrepretations that it predominately creates. Our discussion is about the costs born by the citizen, I don't much care how much the IRS is getting paid for its services.
/jordan
--- My preferred and soon to be permanent e-mail address:unicorn@schloss.li "In fact, had Bancroft not existed, potestas scientiae in usu est Franklin might have had to invent him." in nihilum nil posse reverti 00B9289C28DC0E55 E16D5378B81E1C96 - Finger for Current Key Information Opp. Counsel: For all your expert testimony needs: jimbell@pacifier.com
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Jordan Hayes