We would no longer have a government watch dog to make sure taxes are paid as required by law.
Functions and Policies of the Internal Revenue Service
FUNCTIONS OF INTERNAL REVENUE SERVICE (IRS)
1. To identify the taxpayer
2. Assess the taxpayer to tax
3. Collect the tax and penalties assessed.
4. Pay all amounts collected into the Consolidated Fund
TAX TYPES
The IRS is principally responsible for the collection of direct tax with Income Tax as the main tax administered. IRS also collects a number of other taxes which have been termed “Miscellaneous Taxes” for administrative purposes.
These include:-
a) Capital Gains Tax
b) Gift Tax
c) Mineral Royalties
d) Petroleum Income Tax
e) Stamp Duty
f) National Reconstruction Levy
g) Business Registration Fees (Registration of Trade, Business, Profession or Vocation is collected on behalf of the Ministry of Local Government.
h) Interest, Dividend, Management & Technical Services Fees
POLICIES AND SERVICE TO PUBLIC
The Policies of Internal Revenue
The policies of Internal Revenue Service once approved by parliament are translated into laws. The main administrative instrument of the Service now is Internal Revenue Act, 2000 (Act.592).as amended.
2007-02-24 13:55:20
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answer #1
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answered by Speaking_Up 5
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I have no sources other than common sense. If we had no IRS, the gov would have no funds to operate this country. Think about it for a sec. No taxes, no gov, no military, no defense. Just a matter of time,,,no country. It doesn't take a rocket degree to figure out that you can't run a country on nothing.
2007-02-24 21:59:36
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answer #2
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answered by Anonymous
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Our troops would come home faster. Check out the portion
of taxes being allocated for "defence". One result of this
would be higher taxes on everything else to balance the
deficit and no way for the government to keep close tabs
on the population.
2007-02-24 21:59:52
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answer #3
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answered by ? 6
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Anarchy in the United States.
2007-02-24 22:30:11
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answer #4
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answered by Anonymous
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First off you will need to show your plan for collecting taxes some other way to support infrastructure before we're able to further discuss this issue. Also, why do you want to do it differently? What acronym would you change it to, and why?
2007-02-25 10:47:36
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answer #5
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answered by Anonymous
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i work for a law firm and there is no law that says that the people have to pay income tax, so i would say that if there was no more IRS then nothing would happen.
2007-02-25 02:29:35
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answer #6
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answered by Anonymous
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There would be no revenue. plain and simple.
how do you think the government gets their money?
Although Im all for politicians working for free, since thats what most of them deserve anyway.
But, who do you think would pay for all the social service programs,china?
not the most intelligent question to ask
2007-02-24 21:56:29
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answer #7
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answered by writersbIock2006 5
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there is nothing in the constitution that says you are required to pay income tax. 67 million people dont. FACT
2007-02-24 22:30:59
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answer #8
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answered by Anonymous
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then the united states government would come up with a new agency to screw it's citizen's........if you are a us citizen, I dont need to give you a source to support my answer, you are living it.
2007-02-24 21:54:22
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answer #9
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answered by engulance 2
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The potholes in the road would get bigger. No new bridges would be built. Medical care? Hah! Pay or die.
2007-02-24 21:53:51
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answer #10
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answered by Anonymous
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