McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

Exercise 49

"The federal income tax scores very high on the economy criterion because the current IRS budget is relatively low compared to the costs of a typical collection agency. Explain why this statement may be considered wrong.