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Originally Posted by kutulu
Assuming 40 hour work weeks, that is about 2.93M people or about 1.5% of the population. If you assume only half of the people work in the county it's still only 3%. I'd say 3% is neglibible compared to the other 97%.
Another thing, do we want to put 3million people out of work? Not just losing their jobs but having their primary skill set made completely obsolete?
I'll get around to the rest when I can.
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O.K., I will give you your point. However, the man-hours wasted on our current system is just one of the many arguments for abolishing it.
Here is another one:
Money magazine compiled 46 tax professionals for a test. The test was for each "professional" to individually prepare a hypothetical return for a hypothetical middle-class family.
The results?
46 different responses from 46 different tax professionals with the dollar amounts ranging from $34,240 to $68,912
-Source: Joan Caplin, "6 Mistakes even the pros Make", Money, March 1998.
And another one:
The GAO reports that more than half a million taxpayers lose more than $300 million per year because of incorrectly filed tax forms.
Source: GAO, "Tax Deductions", April 2001,
http://www.gao.gov