PILOT SPIN

Spin Zone => Spin Zone => Topic started by: President-Elect Bob Noel on March 31, 2020, 10:09:18 AM

Title: for those that insist we must raise tax rates
Post by: President-Elect Bob Noel on March 31, 2020, 10:09:18 AM
Maybe people might want to go after the delinquent tax(non)payers before grabbing more money from people who actually obey the law.

https://www.irs.gov/newsroom/the-tax-gap

"The Internal Revenue Service periodically estimates the tax gap to gauge historical overall compliance of all types of taxpayers with their federal tax obligations. The estimates take into account federal taxes due as well as refundable and non-refundable tax credits."

"The average gross tax gap was estimated at $441 billion per year based on data from those three years. After late payments and enforcement efforts were factored in, the net tax gap was estimated at $381 billion."