Tuesday, March 12, 2013

Give the IRS more Teeth...

While doing taxes has become easier with online programs, the technical terms for exceptions and deductions and what not are still mind-numbing to those of us who don't manage budgets or do accounting for a living.  If this statistic isn't based on people who were just confused, I'm all for giving the IRS more power to collect money to pay our bills:


"The IRS estimates that illegal tax-evasion reduced government tax revenue by $450 billion in 2006 (the most recent year calculated). That's roughly equal to what the government spends annually on Medicare."  - Motley Fool

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