Topic: Billy Tauzin

1 chapters across the catalog

Jeff Davis(Classic 1998) 3 Hour Special W⧸ George Humphrey, Steve Lane, Rob Patterson [Pl9yC0kotOY]
2:02:58 - 2:06:46

Jeff Davis(Classic 1998) 3 Hour Special W⧸ George Humphrey, Steve Lane, Rob Patterson [Pl9yC0kotOY]

Internal Revenue Code, HR 1329 and Corporate Tax Myths

George Ashley Lewis discusses the complexity of the 220,000-page Internal Revenue Code, noting that even professional accountants cannot agree on tax liabilities. He promotes HR 1329, the Tauzin-Schaefer Tax Act, which proposes a 50-page code for a national sales tax. Lewis argues that corporations do not actually pay taxes but pass the costs to consumers through higher prices or lower wages.