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BREAKING: Report from the US treasury shows the richest 1 percent of Americans aren’t paying the $163,000,000,000 they owe in taxes each year. But they really needed to buy another home or more cars over contributing to society.
Review:
Original post is from @RBReich Warning: Paywall
Review:
Some academics argue the tax gap to be that large, but the Treasury Department estimates proposals to close the tax gap would raise only $700 billion over a decade. Additionally, the CBO found that raising enforcement at the IRS would only raise $200 billion over a decade.
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Date published
2021-09-08
Entities
Tax noncomplianceUnited States Department of the TreasuryCongressional Budget OfficeInternal Revenue ServiceEnlanda Enspeza ServoΕσωτερική Υπηρεσία Εσόδωνدائرة الإيرادات الداخلية美國國稅局アメリカ合衆国内国歳入庁Служба внутрішніх доходівServicio de Impuestos Internos de los Estados UnidosНалоговое управление США미국 국세청Paywall
