Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!watmath!clyde!caip!lll-crg!seismo!husc6!harvard!bu-cs!bzs From: bzs@bu-cs.UUCP (Barry Shein) Newsgroups: net.taxes,net.invest Subject: Re: IRS has budget of $160 Million??? Message-ID: <922@bu-cs.UUCP> Date: Fri, 11-Jul-86 19:44:10 EDT Article-I.D.: bu-cs.922 Posted: Fri Jul 11 19:44:10 1986 Date-Received: Sun, 13-Jul-86 05:16:50 EDT Organization: Boston Univ Comp. Sci. Lines: 18 Xref: watmath net.taxes:1227 net.invest:1575 Whatever the exact budget of the IRS, there are lots and lots of other costs not accounted for in the current system. One among them is the IRS taking people to court (this incurs governmental costs for the court system, the IRS doesn't rent the courts and judges etc.) Also, lost revenue involved in things like selling off re-possessed properties (if it were worth the tax bill why didn't the owner just sell it?) Not to mention how many people take April 14th off every year...:-) -Barry Shein, Boston University Do I think the new tax system is a good thing? Not sure, could provide some interesting action in the stock market December and then January which is more interesting to think out loud about in net.invest...(ie. if you don't like paying taxes, don't make money...)