Comment by yieldcrv
Comment by yieldcrv 3 days ago
Given that 100% tax compliance at the highest rates would not solve any high tax nation’s budget holes
You should be asking the same questions that companies are asking: instead of “why arent we getting hosed equally” its “why are we getting hosed at all”
Improving IRS tax collection enforcement could generate significant funds
In fiscal year 2021 the IRS managed more than $4.1 trillion in tax revenue. The annual tax gap was estimated at $688 billion in 2021, with $625 billion remaining uncollected even after enforcement efforts.
16.7 percent.