This is one such example: In August, I received a letter from the Internal Revenue Service. I'd been "randomly" audited and they decided I owed them an additional $1,500. A quick trip to my accountant, the information the IRS had missed was re-entered, and the amount I owed was reduced to the far more palatable $52. As I wrote the check, I was informed that they may ask for interest on that money, but since it was such a small amount it was doubtful.
Today I received another letter from the IRS. They do want the interest: $2.
Now, I don't have a problem paying the $2 - my tax return wasn't quite right and I owed the government a little extra, but how much did we as a nation lose coming after me for my $2? Maybe a little common sense could help us find our way out of the mess we're in.
You know, Thomas Jefferson once said, "I have great confidence in the common sense of mankind in general." Clearly, our third president never dealt with the IRS.
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