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applegrove

(118,677 posts)
Fri Mar 22, 2024, 08:07 AM Mar 22

The tax gap (the gap between taxes owed and taxes collected) was $688B in 2021 -- nearly half the size

https://www.threads.net/@rbreich/post/C4y-bDCKWTF/?xmt=AQGzclGejRz833j0Irmq802MPlktM6s5KMorjmqav5FOpA

The tax gap (the gap between taxes owed and taxes collected) was $688B in 2021 — nearly half the size of last year’s deficit.

For every $1 the IRS spends auditing rich tax cheats, it can collect $12.

If the GOP truly cared about the deficit, they would fund the IRS, not gut it.
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