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Politics : Politics for Pros- moderated

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From: LindyBill	4/16/2007 10:26:10 AM
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The dirty little secret of tax evasion By TigerHawk at 4/16/2007 09:00:00 AM The Washington Post is running a virtually perennial story about the hundreds of billions of dollars in taxes that go uncollected because of evasion. Once again, lawmakers are hoping to collect a larger proportion of levied taxes. Once again, they will learn that virtually all measures designed to raise the proportion of owed taxes that are actually paid will engender enormous hostility from voters. The collection rate has been virtually constant, at 81-84%, for forty years notwithstanding numerous efforts to move the meter -- neither a meaner IRS nor a nicer one seems to have made much of a difference. The article does verify something I have long believed: that our worst tax evaders are small businesses. Yes, the revered small businessman, who is almost as sacrosanct in American culture as the "family farmer" (who is, by the way, just another version of the small businessman), is our biggest tax cheat. Whether you are a Republican or a Democrat, that is an inconvenient truth. The immediate next inconvenient truth is that small businesses create a large proportion of the incremental jobs in the economy. Raising their actual taxes, even if they owe them anyway, will adversely affect their marginal propensity to hire new employees. tigerhawk.blogspot.com tinyurl.com

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