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Political Factoid

Great vulnerabilities of the
United States tax system:
  • The system depends upon
    voluntary compliance.
     
  • The tax lawyers and accountants
    at major corporations far
    outnumber the I.R.S. staff.
     
  • There is little to prevent
    corporations from taking a
    "freewheeling approach"
    to interpreting and applying
    the tax rules.
 
cf. 6505, 6506, 6507
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Last updated * 2013-01-15
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