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I'm not actually sure whether refunds or total revenue is the appropriate denominator. The IRS collected about $3 trillion dollars in revenue, which would bring

I'm not actually sure whether refunds or total revenue is the appropriate denominator. The IRS collected about $3 trillion dollars in revenue, which would bring the rate down to 1 percent. On the one hand, refunds are linked to the total tax paid. On the other hand, there's other kinds of tax evasion, which would raise the fraud rate up again.

morelisp 5y ago
$30bil is not the correct numerator, regardless of if you take total tax revenue or refunds. The $6bil is. That number also includes people who got scammed out of their tax refund by third-parties. Worldcoin would not prevent that; if anything Worldcoin looks exactly like one of those scams.