No. of Recommendations: 5
They’ve chopped thousands of IRS agents, but we all know that those people bring in more than their salaries in chasing down scofflaws and tax cheats, so that “saving” is going to cost money when it’s all accounted for.I've seen estimates running at $500 billion in uncollected taxes.
Just for this year. THIS year.
fortune.com - IRS tax revenue billion cash x date debt ceiling deadlineFor those that like digging into such things, it would be very interesting to compare tax collections this year to collections last year.
If the number really is that big, the collections shortfall will be larger over the 4 years of this administration than the cuts they claim they want to make.
--Peter
