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IRS Commissioner says tax gap could exceed $1 trillion per year

Sarah Hansen  |  April 14, 2021

As lawmakers and administration officials in Washington argue over the merits of hiking taxes on the biggest corporations and the wealthy, IRS Commissioner Charles Rettig said the tax gap—the difference between federal taxes legally owed and those actually collected—is approaching and could exceed $1 trillion per year, more than double the agency’s most recent official estimate

Read the full article on: Forbes

 
 
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