An IRS crackdown on wealthy taxpayers has now brought in $160 Million in back taxes.

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An IRS crackdown on wealthy taxpayers has now brought in $160 Million in back taxes. The IRS also estimates that hundreds of billions more could be raised by enhanced audits of high-earners and corporations.

See also  40% of your paycheck for federal income taxes pays toward the staggering $1 trillion annual interest on the US debt.

The IRS is sending a message to wealthy taxpayers who may be tempted to engage in tax evasion. Do you think that tax evasion is a widespread problem among the wealthy?

Read more here: thehill.com/business/4267708-irs-crackdown-on-wealthy-taxpayers-brings-in-160m-in-back-taxes/

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h/t TonyLiberty

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