vendredi 10 janvier 2020

A big reason for the deficit

The Repubs are not only against imposing taxes, they're against collecting them when due.

Quote:

Funding cuts have decimated the IRS staff, which shrank by 22 percent between 2010 and 2018, when it was left with fewer than 9,000 auditors, the lowest number in well over half a century, as ProPublica has pointed out.
....

Every single year, the federal government fails to collect an enormous amount of revenue that Americans legally owe. This vast budget hole is known as the tax gap; according to the IRS’s most recent estimates, which are sadly a bit out of date, it amounted to $381 billion annually between 2011 and 2013. In a paper last year, former Treasury Secretary Larry Summers and University of Pennsylvania law professor Natasha Sarin estimated that $630 billion would slip through the government’s fingers this year.
https://slate.com/business/2020/01/i...declining.html


via International Skeptics Forum https://ift.tt/35Dl0lX

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