Richard Yancy Quotes
Something is terribly wrong with the tax laws of this country and the way they are enforced. So I quit.
He resigned from the IRS.
Richard Yancy, Internal Revenue Service Tax Collector, CBS Sunday Morning, April 18, 2004
Sourced by: Eigen's Political and Historical Quotations
There are many who would disagree with Presti’s description, while many others have this as a chief complaint. The agency tends to change from administration to administration as to its policies and collection methods. In the decades since this criticism, the agency has changed a good deal. However, there are great differences between IRS practices in different parts of the country, some of which are better than the others. One of the major problems of the IRS is the conflict between collecting taxes that should have been paid and were not and ruining the business or individual that committed the offense by taking current working capital. Congress has NEVER weighed in on this question preferring to let the Civil Servants take the heat.
What is interesting is at the time and today there are few politicians who would not agree completely, including all the members of Congress. Yet every word of the absurdly complex and unfair tax law was written and passed by some Congress and signed by some President. Congress could change it any time it wants to. The problem is that ut while all agree that the status quo is terrible, there is no agreement on what the correct solution would be, and any proposed change would be assaulted by the lobbyists of the special interests who benefit from the status quo. In that sense it is just like Health Care Reform. When a change is finally crafted and achieves a majority of Congress, each change has been trashed by so many vested interest that the public is not sure the reform will be better then the terrible system that existed before.
At the time, he, th richest man in America was paying a lower ta rate than his secretary, his employees and the waiter who served him lunch. The “Buffet Rule” was developed and named for him that said that wealthy people should pay a minimum rate of taxation regardless of tax credits, deductions and other means of tax avoidance.