Future archaelogists will puzzle over the apparent loss of millions of children in 1986. About seven million dependents claimed on 1040s failed to show up in the following year. Freakonomist Steven Levitt puts a human face on this tragedy (via the TaxProf):
He told the story … of the midlevel employee who had been with the IRS for some 30 years who became fascinated over time by what sort of creatures and things taxpayers listed as dependents. Clearly, many of these
Tags: Freakonomics, Steven Levitt, TaxProf
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Wow – did the funeral business clean up on that, or what?