getting students to engage the news…
Here is a very interesting article from the Economix Blog over at the NY Time:Why Do People Pay Taxes?
So, Economists basically say: “Because they’re dumb!”
It is indeed surprising that the numbers of fraud are so low given the persistent hatred of taxes and the IRS that most Americans share. Personally, I would probably chalk this up to FEAR of IRS, which is more about perception than any reality, but then again, we cling to a number of “myths” about our government and politics.