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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 aro
by 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 agoPage 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?