4 ms·

Do you have proof of widespread tax evasion?

• kube-system 4y ago
  The last official estimates of the tax gap is $496 billion, and the IRS says that the number is likely approaching $1 trillion. https://www.irs.gov/pub/irs-pdf/p1415.pdf https://www.irs.gov/pub/irs-pdf/p1415.pdf https://www.reuters.com/article/us-usa-treasury-irs-idUSKBN2C0255 https://www.reuters.com/article/us-usa-treasury-irs-idUSKBN2...
  • themitigating 4y ago
    That's for the country, we are discussing ny
    • kube-system 4y ago
      That's how widespread it is! :)
  • alistairSH 4y ago
    But how much of that is low-wage workers? And how much is wealthy individuals trading in crypto, or hiring expensive lawyers/accountants to move their money around?
    • kube-system 4y ago
      Page 20 breaks it down by source a bit, and you can probably gain some insight from that. > And how much is wealthy individuals trading in crypto The total of all unreported capital gains are 18% of the tax gap, according to the document. So, significantly less than 18% > hiring expensive lawyers/accountants to move their money around? Tax avoidance wouldn't be capture in these figures, so zero.
    • adolph 4y ago
      > trading in crypto That would make it a negative number or more accurately an imaginary amount of tax evasion, right?