70K pages of loopholes deductions and credits cost Americans $350 to $450 billion to prepare taxes directly when they pay to have their taxes done or purchase a product or service from a business that payed a tax accountant or lawyer. IRS tells us we spent over 7.4 billion hours last year.
With the FairTax most wont have to prepare a forms. Compliance cost drop by 90% returning Billions of hour to the people to spend with friends family or building their business providing products people want.
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70K pages of loopholes deductions and credits cost Americans $350 to $450 billion to prepare taxes directly when they pay to have their taxes done or purchase a product or service from a business that payed a tax accountant or lawyer. IRS tells us we spent over 7.4 billion hours last year.
With the FairTax most wont have to prepare a forms. Compliance cost drop by 90% returning Billions of hour to the people to spend with friends family or building their business providing products people want.
dtvgmedia 1 year ago