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That's what my guess was. In that environment then, a government system clearly works well. I wish I had stats about how many US tax returns have deductions - I
by ScottWhigham 14y ago
That's what my guess was. In that environment then, a government system clearly works well. I wish I had stats about how many US tax returns have deductions - I'd assume it's close to 100%.
- mjn 14y agoIt's actually 35%, if you don't count people who file with just the standard deduction. While technically a "deduction", the standard deduction is pretty dead-simple to compute. It only gets more complicated if you're taking itemized deductions, and that's about 1/3 of taxpayers (though that's still a high proportion of itemized filers compared to many countries). Source: http://taxfoundation.org/article/most-americans-dont-itemize-their-tax-returns http://taxfoundation.org/article/most-americans-dont-itemize...
- ScottWhigham 14y agoExcellent - I should've chosen "itemized" and then, of course, the percentage is lower than 100%. Thanks for the link - good info.