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Politics : Politics for Pros- moderated
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To: Katelew who wrote (410676)2/14/2011 5:08:04 PM
From: Brumar892 Recommendations  Read Replies (1) of 793606
 
They can't really know how much these additional 5000 employees will bring in. Someone pulled that $1.3B out of ... uh, the air or their hat .... or wherever:

These enforcement efforts would yield $1.3 billion in additional revenue in two years, according to the budget plan.

Notice the IRS budget is going up $1.1B per year and the new folks are supposedly going to bring in $1.3B over two years. Now some of that $1.1B is raises and higher benefit costs for those folks already there, lets estimate $.4M (3% increase) for that. If thats about right, the cost of the 5000 new people will be $.7B per year (that would be $140K per new employee - salaries plus benefits plus office costs, computers, phones, travel to do audits, etc). So over a two year period these new people will cost $1.4B and bring in additional revenue of $1.3B.

Not worth it.
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