Episodes
Wednesday Sep 08, 2021
Treasury Dept says Top 1% avoid paying $163b in taxes every year
Wednesday Sep 08, 2021
Wednesday Sep 08, 2021
If you include the top 1% as well as other wealthy Americans the amount of tax avoidance is around $600b a year which is amazing. You can't run any business if you don't collect your revenue and the Gov't is no different. Republicans have purposefully avoided letting the IRS enforce collecting what is owed to the point that the IRS doesn't even have the staff necessary to decipher complicated returns that the wealthy and corporations are filing. It doesn't make sense to complain about deficits and not empower the IRS to simply collect what is owed by ensuring the wealthy are paying their fair share in taxes..
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