I think the telling statistics are the following:
>>The total uncollected tax gap, Rossotti says, is somewhere in the range of $250 to $300 billion per year -- which, he says, is the equivalent of a 15 percent surtax on the honest taxpayer.<<
>>As effective corporate tax rates have dropped, so too has the total share of the tax burden shouldered by corporations. Over the past 50 years, says McIntyre, corporate tax revenues have averaged about 17 percent of the total tax take. But now, he says, corporate tax revenues account for 7 percent of all tax revenues collected by the government -- the second lowest level since the Great Depression.<<
As abusive shelters become more and more complex, more manpower is required to uncover and prosecute them. But the IRS budget and personnel have been systematically reduced over the period in question, and the average citizen, motivated by fear of personal audit, has done nothing.
-- Dave K, Speakeasy Moderator
click here to email email@example.com
The opinions expressed above are my own,
and do not necessarily reflect those of CNET!