A Quote by T.R. Reid
We have the most expensive compliance system in the world. The IRS brags that they spend 35 cents for every $100 they collect. They're very efficient collectors. And the reason is they stick the real cost on you and me.
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On the IRS website, they claim to be one of the world's most efficient tax administrators. The IRS officials might know how to collect taxes, but surely know how to misspend the funds.
Congress is supposed to fund the IRS, and it has been steadily reducing the number of auditors and tax collectors the IRS has at the very time that the tax system has become vastly more complicated. And of course America continues to grow, so there's an increasing number of tax returns coming in. The IRS responds by doing exactly what Congress expects of them. That shouldn't surprise anyone. All bureaucracies do what they are told.
The cost of taxpayer compliance with [the tax code] is over $80 billion per year, more than eight times the cost of the IRS budget
We have by far the most expensive health system in the world. We spend 50 percent more per person than the next most costly nation. Americans spend more on health care than housing or food
We have by far the most expensive health system in the world. We spend 50 percent more per person than the next most costly nation. Americans spend more on health care than housing or food.
At age nine, I got a paper route. Sixty-six papers had to be delivered to sixty-six families every day. I also had to collect thirty cents a week from each customer. I owed the paper twenty cents per customer per week, and got to keep the rest. When I didn't collect, the balance came out of my profit. My average income was six dollars a week.
When you look at "Obamacare," the Congressional Budget Office has said it will cost $2,500 a year more than traditional insurance. So it's adding to cost. And as a matter of fact, when the president ran for office, he said that by this year he would have brought down the cost of insurance for each family by $2,500 a family. Instead, it's gone up by that amount. So it's expensive. Expensive things hurt families. So that's one reason I don't want it.
An efficient payments system provides the infrastructure needed to transfer money in low-cost and convenient ways. Efficient systems are innovative in improving the quality of services in response to changing technology and changing demand.
If I remember correctly, the most efficient campaign in modern times, in terms of burn rate, had been Obama's 2012 reelect, which I believe the number was they spent 37 cents at every dollar.
I support repeal, but I think we ought to also spend time on the replacement side of that. The Republican approach has never been, 'Let's get rid of this,' but, 'Let's replace it with something that does deal with a very real problem in our healthcare system.' And that is the entry's cost and lack of coverage.
If you're trying to learn how to collect art, the key is getting access to insider opinions, and we pride ourselves on working with the most relevant artists and the collectors with the most authoritative voices.
Poor people around the world spend more on energy because they lack the capital to buy a more expensive energy-efficient product.
This is another area in which savings can also be moved from wasteful - like the F-35 weapons system that will cost us $1.5 trillion by the time it's done and it's obsolete, you know, it's a weapons system - as well as this global military infrastructure, which is unlike anything the world has ever known at any time.
The purpose for a tax system is to collect needed revenue at the least cost to the people.
There's no razor in candy. If for no other reason, it doesn't make financial sense. It's not fiscally prudent. How much does a piece of candy cost - like, a penny and a half? An apple's like 15 cents? Anybody here bought a Mach 3 replacement cartridge recently? They're so expensive, they don't even keep them on the shelf. You know, you have to ask the people behind the counter. I feel like I'm trying to buy enriched plutonium or something.
When you look at the government, when the government collects a buck, it's not free. They have to spend resources, the IRS, audits, all this sort of crap, to collect the dollar. I'm not assuming any Laffer curve effect here at all. There are just transactions costs of collecting that money.
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