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Sanders: Richest 1 Percent Is Responsible for 70 Percent of All Unpaid Taxes
https://truthout.org/articles/sanders-richest-1-percent-is-responsible-for-70-percent-of-all-unpaid-taxes/
BYJake Johnson, Common Dreams
"SNIP.....
ACongressional Budget Office report commissioned by Sen. Bernie Sanders and published Wednesday found the amount of unpaid taxes from 2011 to 2013 averaged around $381 billion per year, a revenue shortfall the Vermont senator called an absolute outrage that is largely the result of big corporations and wealthy tax cheats dodging their obligations.
The richest 1% is responsible for 70% of all unpaid taxes, Sanders said in a statement late Wednesday, pointing to a separate study of the so-called tax gap published last November.
The CBO analysis (pdf) out Wednesday found that massive Internal Revenue Service budget cuts and staff reductions over the past decade have resulted in a sharp decline in examination and enforcement of tax underpayment and avoidance.
Enforcement activity for many high-income nonfilers has been reduced to a series of notices, the report says. The CBOs findings bolster reporting by ProPublica last year that found the IRS now audits poor Americans at about the same rate as the top 1% due in part to the high costs of examining the tax returns of the rich.
....SNIP"
empedocles
(15,751 posts)etc.
RiF
(48 posts)/s
TreasonousBastard
(43,049 posts)diva77
(7,671 posts)priorities -- increase the IRS budget so it can do more of its work.
As usual, the rotting corrupt grim reaper McConnell stands in the way of doing anything of value to the country.
TreasonousBastard
(43,049 posts)attempted to build any coalitions. Has he reached across the aisle to see if any republicans are willing to cross-endorse.
McConnell has not been there forever, but Bernie has, and at times when there was Dem leadership. Still nothing.
Has he talked to Klobuchar, who is actually very good at getting those sorts of things done.
wackadoo wabbit
(1,167 posts)Did anyone else do anything about this?
Bluepinky
(2,276 posts)It sounds like he is doing something about it.
trueblue2007
(17,243 posts)TAKE THEIR MONEY AWAY AND RE-DISTRIBUTE THEIR WEALTH.
I_UndergroundPanther
(12,496 posts)Take it and redistribute to all the working class and those in poverty,create programs to actually help.
Those well off can afford their own help.