Related Posts: Excerpts From Ron Paul Interview on Housing Bailout, Ron Paul Statement on Money, Inflation and Government From March 31, 2008, Ron Paul Statement on HR 5512 to Change Pennies from Copper to Steel, New Ron Paul Statement on Earmark Abuse- The following are excerpts from Ron Paul's weekly "Texas Straight Talk Column" on the IRS:
"Tax policy in this country hurts taxpayers twice – once when they pay taxes, and then when the government spends the money. "
"Since its inception in 1913, the tax code has gone from 400 pages to over 67,000. The Tax Foundation estimates that around $265 billion dollars and 6 billion hours are spent just on compliance. That expense amounts to about 22 cents of every dollar the IRS collects."
"The federal government funds over 50 agencies, departments and commissions that formulate rules and regulations. These bureaucracies operate with little to no oversight from the people or Congress and generate around 4,000 new rules every year and operate at a cost of about 40 billion dollars. There are some 75,000 pages of regulations in the Federal Register that Americans are expected to know and abide by."
"In fact, this country thrived for well over 100 years without an income tax. Today, if you took away the income tax, the government would still have revenue from other sources equal to total government spending in 1990, when government was still too big."
Click here to read the full article on The Double Trouble of Taxation.
Related Posts: Excerpts From Ron Paul Interview on Housing Bailout, Ron Paul Statement on Money, Inflation and Government From March 31, 2008, Ron Paul Statement on HR 5512 to Change Pennies from Copper to Steel, New Ron Paul Statement on Earmark Abuse
No comments:
Post a Comment