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 Post subject: Re: Re:
PostPosted: Sat Feb 27, 2010 4:02 pm 
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Taskiss wrote:
Rynar wrote:
Xequecal:

Are you aware that half of the money that the IRS takes in is spent on collecting taxes?

The entire 2007 IRS budget was 10.7 billion.
http://www.irs.gov/newsroom/article/0,, ... 82,00.html

The IRS collected $2.4 Trillion in FY 2007
http://www.irs.gov/pub/irs-soi/07dbreturnfiled.pdf

The GDP in 2007 was $14.56 trillion (estimated, I've seen where the CIA listed it at $13.84 trillion on Google also)
https://www.cia.gov/library/publication ... os/us.html

Just wow, Rynar.


I appologize. Taskiss is correct. I completely misstated myself, and in the process bungled the efficiency data anyway. It has been awhile since I researched this, and apparently I remebered what I wanted to, instead of what actually was.

The data point I was looking for was the cost of compliance with the tax code, which is estimated conservatively at $500 billion. Which is a quarter to a fifth of revenues collected, not the fifty percent I had indicated prior.

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PostPosted: Sat Feb 27, 2010 4:26 pm 
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Rynar wrote:
The data point I was looking for was the cost of compliance with the tax code, which is estimated conservatively at $500 billion. Which is a quarter to a fifth of revenues collected, not the fifty percent I had indicated prior.


http://www.taxfoundation.org/blog/topic/96.html
Quote:
Compliance Costs & Tax Complexity

The full cost a tax system is more than the amount of tax paid. It also includes the cost of tax planning and paperwork. Economists call these "tax compliance" costs, and the IRS estimates Americans spend 6.6 billion hours per year filling out tax forms—including 1.6 billion hours on the 1040 form alone. In 2002 Americans spent roughly $194 billion dollars on tax compliance. That amounts to 20 cents of compliance cost for every dollar collected by the tax system.


http://www.msnbc.msn.com/id/24112908/
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If it's any consolation to the individual still trying to get receipts in order a day before Tuesday's filing deadline, businesses have it far worse. The National Taxpayers Union, in its annual look at the burdens of taxpaying, said the corporate cost of compliance is about $170 billion. General Electric in 2006 filed returns equivalent to 24,000 printed pages.


An Open Letter to the President, the Congress, and the American people by advocates of the FairTax Plan. (linked from http://www.whitehouse.gov)
Quote:
The current U.S. income tax code is widely regarded by just about everyone as unfair, complex, wasteful, confusing, and costly. Businesses and other organizations spend more than six billion hours each year complying with the federal tax code. Estimated compliance costs conservatively top $225 billion annually – costs that are ultimately embedded in retail prices paid by consumers.


The numbers are not exact, and I'm a bit skeptical of putting out a cost estimate that includes how many hours individuals spend filling out their tax forms as a cost, but there you have it.

Personally, it seems the FairTax Plan provides many benefits and I'd like more national discussion concerning that and other tax reform opportunities.

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Last edited by Taskiss on Sat Feb 27, 2010 4:39 pm, edited 1 time in total.

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PostPosted: Sat Feb 27, 2010 4:32 pm 
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I am holding the FairTax hard copy in my hand. It reads $500 billion. I suppose your millage may vary.

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19 Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. 20 There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses.

Ezekiel 23:19-20 


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PostPosted: Sat Feb 27, 2010 4:45 pm 
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Rynar wrote:
I am holding the FairTax hard copy in my hand. It reads $500 billion. I suppose your millage may vary.


Here's the one on their site:
http://www.fairtax.org/PDF/Open_Letter.pdf

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PostPosted: Sat Feb 27, 2010 4:49 pm 
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I saw that, and am not disputing it, but as I said, I'm litterally holding a hard copy in my hands, and it says $500 billion.

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19 Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. 20 There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses.

Ezekiel 23:19-20 


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PostPosted: Sat Feb 27, 2010 5:00 pm 
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Rynar wrote:
I saw that, and am not disputing it, but as I said, I'm litterally holding a hard copy in my hands, and it says $500 billion.

I'm just going to the source, Rynar. I thought it interesting that the document didn't have a date on it, but be that as it may, both the PDF on the whitehouse site and the PDF on the fairtax site are in agreement.

I'm just a numbers freak. If there is a clam that "$X amount" or "X number of folks" or "X degrees of warming" is claimed, my eyes glaze over and I find myself possessed by some anal retentive spirit (probably a bookkeeper who died 'cause he couldn't quit trying to resolve a 2 cent discrepancy in his books) that forces me to google the claim.

Please contribute to my therapy! It'll cost MUCH less than the IRS budget, I assure you. ;) Probably only half as much.

www.savetaskissfromhimself.org

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PostPosted: Sat Feb 27, 2010 5:27 pm 
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ALOL.

There are worse things than a love of and a head for numbers.

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19 Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. 20 There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses.

Ezekiel 23:19-20 


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PostPosted: Sat Feb 27, 2010 7:13 pm 
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Rynar wrote:
I saw that, and am not disputing it, but as I said, I'm litterally holding a hard copy in my hands, and it says $500 billion.


Whoever wrote that is absolutely smoking crack. That's 2/3 of the defense budget!

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PostPosted: Sun Feb 28, 2010 1:41 am 
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Diamondeye wrote:
Rynar wrote:
I saw that, and am not disputing it, but as I said, I'm litterally holding a hard copy in my hands, and it says $500 billion.


Whoever wrote that is absolutely smoking crack. That's 2/3 of the defense budget!


That is the estimated cost of compliance with the US tax code presented in Rep. John Linder's FairTax book.

In fairness, estimates tend to range between $170-$700 billion. Taskiss has presented other numbers, possibly more credible.

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19 Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. 20 There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses.

Ezekiel 23:19-20 


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PostPosted: Sun Feb 28, 2010 4:56 am 
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Lex Luthor wrote:
Flipping a burger turns it from uncooked meat to cooked meat, which is more valuable (when it's fresh).

Acting in a play provides entertainment, which is worth money.

Labor and the products of labor are usually traded with currency. You can also trade a chair for a table. Both are products of labor. Both are forms of wealth.

Labor is "stored" in wealth.

This is all basic economics, Rynar.


At least be more fun. Lex, if everything you've told us is true, and you devoutly believe it,then at least be true to yourself. Engage yourself in better conversation. Embrace the best part of yourself.

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19 Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. 20 There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses.

Ezekiel 23:19-20 


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PostPosted: Sun Feb 28, 2010 12:57 pm 
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Labor has value; it only becomes wealth with a fiat currency.

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PostPosted: Sun Feb 28, 2010 1:06 pm 
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Rynar wrote:
Embrace the best part of yourself.
I've heard that's bad for your eyesight and grows hair in embarrassing places.

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PostPosted: Sun Feb 28, 2010 2:12 pm 
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That is the best part of you?

Well, yes, you, probably.

Not that I ever plan to try Taskiss Tenderloin, you don't know where its been.

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PostPosted: Sun Feb 28, 2010 5:33 pm 
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Micheal wrote:
That is the best part of you?

Well, yes, you, probably.

Not that I ever plan to try Taskiss Tenderloin, you don't know where its been.

No, the best part of Lex. The best part of me is just behind and a little above the crook of my left elbow.

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PostPosted: Tue Mar 02, 2010 11:54 am 
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Elmarnieh wrote:
Really, all of them?

Andrew Carnegie donated vast sums of his wealth while alive to museums, found universities, and peaceful enterprises.

Sure. But you kind of have to weigh that against things like the Johnstown Flood. Not that Carnegie, Frick, Mellon, etc. were deliberately responsible for it, per se, but it was certainly the negligence of their private club that caused the disaster.

At least to hear McCullough tell it, it was Carnegie's guilt over the Johnstown disaster that would spark much of his philanthropic work later in life. That may be to his credit; however, neither Carnegie nor any of his associates in the South Fork Fishing and Hunting Club ever accepted any responsibility for the disaster. They took a "vow of public silence", so to speak, about the whole affair, and fought tooth and nail against the various lawsuits alleging (quite correctly) that the club's slip-shod engineering and maintenance of the South Fork Damn and its irresponsible overfilling (solely for the sake of creating nicer fishing...) were directly responsible for the flood.

I don't think there any easy answers when it comes to men like Carnegie. I don't think the rose-colored "Great Philanthropist" POV is any more realistic than the "evil robber-baron" POV. The uncomfortable reality is that both are true, to an extent. Most of these men were both.

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PostPosted: Tue Mar 02, 2010 12:33 pm 
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Stathol wrote:
Elmarnieh wrote:
Really, all of them?

Andrew Carnegie donated vast sums of his wealth while alive to museums, found universities, and peaceful enterprises.

Sure. But you kind of have to weigh that against things like the Johnstown Flood. Not that Carnegie, Frick, Mellon, etc. were deliberately responsible for it, per se, but it was certainly the negligence of their private club that caused the disaster.

At least to hear McCullough tell it, it was Carnegie's guilt over the Johnstown disaster that would spark much of his philanthropic work later in life. That may be to his credit; however, neither Carnegie nor any of his associates in the South Fork Fishing and Hunting Club ever accepted any responsibility for the disaster. They took a "vow of public silence", so to speak, about the whole affair, and fought tooth and nail against the various lawsuits alleging (quite correctly) that the club's slip-shod engineering and maintenance of the South Fork Damn and its irresponsible overfilling (solely for the sake of creating nicer fishing...) were directly responsible for the flood.

I don't think there any easy answers when it comes to men like Carnegie. I don't think the rose-colored "Great Philanthropist" POV is any more realistic than the "evil robber-baron" POV. The uncomfortable reality is that both are true, to an extent. Most of these men were both.


How was that book?

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PostPosted: Tue Mar 02, 2010 3:12 pm 
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It's been a few years since I've read it, but pretty good, as I recall. He's even-handed about it, and I think he did a good job of exploring all the terrain.

It's really hard to imagine, from a present-day point of view, that someone could just privately dam a public waterway like that without any kind of oversight, much less regulation. And equally amazing that despite years of concerns about the dam's safety, people were largely content to just trust that the club knew what it was doing and wouldn't actually recklessly endanger them. A lot changed in American culture and law after Johnstown.

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PostPosted: Tue Mar 02, 2010 3:29 pm 
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Stathol wrote:
It's really hard to imagine, from a present-day point of view, that someone could just privately dam a public waterway like that without any kind of oversight, much less regulation.

It wasn't privately built, though it was sold to a private group after the fact. From your source (emphasis mine):

Quote:
High above the city, near the small town of South Fork, the South Fork Dam was originally built between 1838 and 1853 by the Commonwealth of Pennsylvania as part of a canal system to be used as a reservoir for a canal basin in Johnstown.


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