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For easier math, let's assume that 330m Americans file 120m tax returns. So all in, collection, processing, auditing, technology, customer support (which is exc
by pchristensen 8y ago
For easier math, let's assume that 330m Americans file 120m tax returns. So all in, collection, processing, auditing, technology, customer support (which is excellent btw), management, compliance, etc would be ~$0.10 per return? Even at ~$100 that seems pretty well run. Scale costs.
- jlawson 8y agoThe number is extreme... but it's worth noting that Facebook and Google both manage more users, often with more complex information, including people intentionally trying to break and trick their systems - at very low cost. (I'm not sure if Google/FB spend 0.10 per user, but it sure ain't anywhere near $100). I think with a sensibly simplified tax code, and FAANG-level technical innovation, IRS costs could enter that range.