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Billions Quote by Charles O. Rossotti

“The cost of taxpayer compliance with [the tax code] is over $80 billion per year, more than eight times the cost of the IRS budget” quote by Charles O. Rossotti
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“The cost of taxpayer compliance with [the tax code] is over $80 billion per year, more than eight times the cost of the IRS budget”

Charles O. Rossotti

About This Quote

Source Report: Government Financial Analysis, 2022

Tax‑code compliance costs exceed $80 billion annually, far surpassing the IRS budget, highlighting inefficiency.

In simple terms: Tax compliance is extremely costly.

Key Takeaway

Advocate for tax reform.

Themes

taxation government efficiency

Mood

critical concerned

Type

Billions:1 Budgets:1 Code:1 Compliance:1 Cost:1 Eight:0 Irs:1 Programming:0 Taxation:1 Taxes:1 Taxpayers:1 Years:0 Cost Irs:0 Cost Taxpayer:0 Taxpayer Compliance:1 Irs Budget:1 Compliance Tax:0

When to use this quote

  • legislative hearings
  • taxpayer advocacy

Key Concepts

public finance policy analysis budget planning

Questions to Reflect On

  • How can compliance be simplified?
  • What are the hidden costs of tax complexity?
A Different Perspective

Reform may face political resistance.

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