Sunday, April 13, 2008
Corporations are honest and people are not.
The NY Times has a report on how the IRS is doing their audits of the returns they get.
The I.R.S.’s scrutiny of the nation’s biggest companies is at a 20-year low, according to the study, conducted by Transactional Records Access Clearinghouse, or TRAC, a research group affiliated with Syracuse University.Because corporations act for the public good but people are just out for themselves.
The study, made public Sunday, points to “a historic collapse in audits.” It found that major corporations — defined as those with assets of at least $250 million — have about a one in four chance of being audited, down from about three in four in 1990.
Subscribe to Posts [Atom]
Post a Comment