- Only 36 out of 290,000 millionaires audited in last 2 years. 24 of them owed an extra $47 million in taxes. If extrapolated that could mean that millionaires have underpaid their taxes by $380 billion in the last 2 years alone. http://trac.syr.edu/tracirs/newfindings/v17/ 102 comments politics
Linking pages
- The Top 0.5% Underpay $50 Billion a Year In Taxes and Crushed the IRS Plan to Stop Them — ProPublica https://www.propublica.org/article/ultrawealthy-taxes-irs-internal-revenue-service-global-high-wealth-audits 366 comments
- The IRS Tried to Take on the Ultrawealthy. It Didn’t Go Well. – Mother Jones https://www.motherjones.com/politics/2019/04/the-irs-tried-to-take-on-the-ultrawealthy-it-didnt-go-well/ 12 comments