How America Became A Tax Haven For The Rich

Corporations are now audited at roughly half the rate as low-income EITC recipients.
How America Became A Tax Haven For The Rich

Buried in a new Treasury Department report is one graph and one stat that tells the entire story of America becoming a lawless tax haven for the wealthy.

The graph on page 10 of the report shows that the Internal Revenue Service’s budget has steeply declined as a percentage of the economy’s overall size. Put another way: The agency policing tax crime has significantly shrunk in comparison to the economy it is supposed to be patrolling.

Click here to read the full story.


Comments

Only paid subscribers can comment.
Please subscribe or sign in to join the conversation.