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The state of California employs some two-and-a-quarter million people, includes almost 400 state agencies, oversees 29 different legal codes, administers a tax code that runs to more than 60,000 clauses or sections and spends more than $100 billion a year.
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Although easier to administer, such a tax discriminated heavily against industries and sectors in which products were bought and sold several times, encouraging an undesirable concentration of economic power.
In 1862, Lincoln signed a law establishing a Bureau of Internal Revenue, charged with administering a graduated tax that taxed incomes of more than six hundred dollars at three per cent — at the time, the average income was about three hundred dollars — and incomes of more than ten thousand dollars at five per cent.
Administering a fuel tax by comparison costs between just 1-2% of the revenues collected.
In America such a tax could be administered in a similar way to the existing system.
The Internal Revenue Service has won a round in an effort to require an investment firm in Pennsylvania to turn over documents in connection with a tax shelter it administered.
In this Article, Professor Graetz examines the practical problems of implementing and administering a progressive consumption tax as an alternative to the income tax.
Letters are welcome via e-mail to [email protected] as simple as it looksSIR – It is deceptive and dishonest to equate a "flat tax" with a tax that is simple to administer ("The case for flat taxes", April 16th).
Brazil, like most of South America, refuses to sign a tax treaty with the United States or administer its tax laws the way U.S. multinationals would wish.
The costs merely of administering a conventionally clotted tax system are outrageous.
"If Sri Lanka can administer a value-added tax, we can," he said.
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CEO of Professional Science Editing for Scientists @ prosciediting.com