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From: ekwok@mipos3.UUCP (Edward C. Kwok)
Newsgroups: net.taxes,net.invest
Subject: Re: IRS budget
Message-ID: <131@mipos3.UUCP>
Date: Thu, 10-Jul-86 20:39:36 EDT
Article-I.D.: mipos3.131
Posted: Thu Jul 10 20:39:36 1986
Date-Received: Sat, 12-Jul-86 05:36:51 EDT
References: <2eacf085.2a75@apollo.uucp> <345@sunybcs.UUCP>
Reply-To: ekwok@mipos3.UUCP (Edward C. Kwok)
Organization: Intel, Santa Clara, CA
Lines: 21
Xref: watmath net.taxes:1225 net.invest:1573

In article <345@sunybcs.UUCP> lazarus@gort.UUCP (Daniel G. Winkowski) writes:
>
>An editorial, "Don't Tempt the IRS Into Bounty Hunting", by David Keating
>(July 8th) in the Wall Street Journal may be of interest to this discussion.
>
>Briefly, it states that the Senate's tax-reform bill provides for the removal
>of the IRS budget from the appropriations process. Instead the IRS budget would
>be bassed on a commission of the penalties and interest it collects from 
>taxpayers, thereby creating an incentive to assess penalties. A cap on the 
>commissions would be imposed to limit spending on what the IRS collects.
>--------------

This is very scary. Imagine the IRS does the same to its agents - your
salary is a percentage of your take. It may make it into a pyramid scheme
with hundreds of over-zealous agents bugging your phones or use medieval
methods of torture. Somebody should be doing some heavyweight lobbying
to stop these guys.



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