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Economy

“Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief”

“The nation’s millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a “lack of fairness” in the tax system, according to the head of the Internal Revenue Service…”

https://www.cnbc.com/2024/02/22/tax-evasion-by-wealthiest-americans-tops-150-billion-a-year-irs.html

I don’t care because the government misuses the money anyway. They’re basically stealing at this point. Also low taxes increases revenue. It’s because more people decide its easier just to pay than to evade taxes.

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