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Society didn’t lose out on billions, the government did. Whether or not that is bad is definitely a discussion worth having, but I won’t immediately conflate th
by isoskeles 7y ago
Society didn’t lose out on billions, the government did. Whether or not that is bad is definitely a discussion worth having, but I won’t immediately conflate the two ideas. People and corporations got to keep money they may have otherwise lost due to auditing.
At a glance, I am okay with that, and the arguments put forth so far don’t really convince me otherwise, like the number of dollars per IRS employee is a meaningless metric to me because it doesn’t tell me what’s optimal for government.
- moksly 7y agoI’m danish, those billions pay for our education, healthcare and daycare/nursery institution. Most of the money went out of the country to heavy investment companies and hedge funds who exploited the fact that our vat-repayment system went from hundreds of auditors to just two people. Something we’re now battling international banks, investment funds and pension indexes to get partly back (at another great expense). I’m not sure what society you live in, but this was such a negative impact on ours that even our most liberal political parties, who exist primarily because they want to cut taxes heavily, support re-staffing our tax-agency.