Taxation
Counterpoint: Private Auditing Makes Sense
The federal government should not make corporate tax returns available to the public. Not for corporate governance purposes. Not for tax enforcement purposes. Requiring disclosure of corporate tax returns is a bad idea all around, and deputizing the public to enforce the tax laws is an even worse one. ...
In response to my short piece in Tax Notes, in which I suggest that if corporate returns are to be publicly disclosed we might also consider private audit and enforcement, Allen Madison essentially argues that (1) our system of self-assessment through confidential returns and government enforcement ain’t broke, and...
