The top 1% of taxpayers, ranked by income, failed to pay about $163 billion in taxes last year—making up about 28% of the nation's growing tax gap. In the report, the Treasury said the wealthiest Americans account for the bulk of tax evasion because higher-income taxpayers have the financial resources to “tap into the services of accountants and tax preparers who help shield them from bearing their true income tax liability.” At least 55 of the nation’s largest corporations paid nothing in federal taxes last year.
Richest 5% Of Americans ‘Choose Not To Pay’ $307 Billion In Taxes Each Year, Treasury Reports (forbes.com)
Gee, if we raise taxes on the wealthy and corps and collect those taxes, we'll have no problem paying for infrastructure.
Richest 5% Of Americans ‘Choose Not To Pay’ $307 Billion In Taxes Each Year, Treasury Reports (forbes.com)
Gee, if we raise taxes on the wealthy and corps and collect those taxes, we'll have no problem paying for infrastructure.
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