Friday, June 29, 2012

Friday's Tax Quote - June 29, 2012

“Visibility enables individuals and businesses to know the true cost of transactions.  It also enables them to see what their total tax liability is and to which level of government it is being paid.  When a tax is not visible, it can be easily retained or raised with little, if any, awareness among taxpayers about how the tax affects them.”

- Tax Division of the American Institute of Certified Public Accountants

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