2022-07-21 at 4:50 PM UTC
aldra
JIDF Controlled Opposition
no
reread the last two posts until you get it
2022-07-21 at 4:51 PM UTC
Alra, lets go with your theory that the $6 trillion isn't accurate and it's really..lets say 11 trillion.
Equally the tax revenue at $4 trillion could therefore also be inaccurate..and lets say in reality was $233 trillion
See the speculation works both ways...doesn't actually serve much purpose in the discussion Vincent and I were having regarding my statement "a good majority comes from taxes" and his challenging of that (without any actual data to back up his challenge).
aldra
JIDF Controlled Opposition
sure, but in the case of income tax it's much easier to verify - people don't typically get to renegotiate the income tax they pay, and if they did they'd be paying less, not more. Taxes are collected at gunpoint, from a position of power, so if they are reported inaccurately it won't be an underestimate.
if you were concerned about the amount of income tax collected being underreported you could get a broad estimate just by comparing tax brackets to income statistics, and I'd be very surprised if you came up with a number that was significantly higher than what's reported (if anything it's probably much lower given special exemptions and evasion schemes)
2022-07-21 at 5:26 PM UTC
A good example of that is the brouhaha over Trump not releasing his tax returns...if it was so easy to verify ...that wouldn't have been an issue.
The only people/agencies with access to such info is the taxpayer, their employer (and even then they only have access to what he paid in income tax through them..not other sources of income) and the IRS...that's it.