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1 J. Scott Moody, The Cost of Complying with the Federal Income Tax 1 (2002)

handle is hein.taxfoundation/srbbexz0001 and id is 1 raw text is: PLEASE DO NOT CITE.
AN UPDATED VERSION
OF THIS STUDY IS
AVAILABLE. PLEASE
CALL (202) 464-6200.
July 2002
No. 114

)m  lvi

think of their incon
.amount at the bott(
rms. Economists, on
)tess Americans' tax
of GDP or even as a
h as Tax Freedom D:
ail to register anothe
it of comolviniz with

r      over $194 billion.
om      20.4-cent tax cor
the
-9      dollar the income

rill be ir
oom for

-.-ere is n
 easing in
bate on

)n datafrom 1995 through
conclude that by 2007, the
ce will reach $ 244.3 billion

er since the ax R
). If that new grov
the future, the co:
$267 billion in 2C
I Economic Growl

rm Reconciliation

han TRA'
;sumption
)nclusion
nr .  hia

of 200
n mo
ttive bi

ut its impact co-
the cost of coml

stem
gro
rent

vn t

r tim
men(

iuse of the gro
gislators are n

viduals, bi
I an estim

non-
Son

iand non
,billion

The burden of
fall evenly on all ta
taxpayer, by incony
2002, businesses v
compliance cost, 5
billion. Complianci
non-nrofits accoun

ae level and by c
rill bear the maj
2.8 percent, tot
e efforts by indi
t for the remni

burden sih
line of the
other bano
den as a p
on the cal
But such i

Hr 104(
.d, may
)ercent:
lendar,

argo

i1s, Bere is
'increase. Ba

s grown f
97 (TRA
ojected ir
would re,-
'ntlv enac

RRA)
iatical
)nablc

Jeral inc
Lax com
epartly.
,ome, btL
mnomic 4

Dme tax 4
Aliance h:
othe int
t also be(
|emands.

In 2002 indi
fits will spen

aries b3

ilinE $102.
Tiduals and
e    2 4

tion

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