April 7, 2005
"Tax compliance will cost U.S. individuals, businesses, and non-profits at least $223.7 billion this year, the Tax Foundation estimates (www.taxfoundation.org). Every dime of this fortune could be employed more productively in the stock market or any home loan agency. Economists call this "deadweight loss." Regular folks call this 'cash down the toilet.'"
(202) 464-6200
Matt Moon
Manager of Media Relations
(202) 464-5102 (desk)
William Ahern
Director of Communications
(202) 464-5101 (desk)
Scott A. Hodge
President
(202) 464-5103 (desk)
Patrick Fleenor
Chief Economist
(202) 464-5107 (desk)
The Tax Foundation is a non-profit, non-partisan tax research organization based in Washington, D.C.
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