SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: nihil who wrote (68719)12/26/1999 9:49:00 AM
From: Ish  Read Replies (1) | Respond to of 108807
 
<<Sorry, Ish, we are talking administrative expenses, not individual return. >>

I don't know where you got the 2% administrative expenses but that sounds low for a government project. I read recently where administrative expenses in government run around 30%. Even at 2% that's too high for a program without a penny in the account.