hello millionaires and billionaires (I almost feel ashamed for the billionaires to include millionaires in same sentence)
evasion .. avoidance .. one can (or should) carry more significant consequence than the other n’est pas? watson
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* The nation’s millionaires and billionaires are evading more than $150 billion a year in taxes, according to the head of the Internal Revenue Service.
* The IRS, with billion of dollars in new funding from Congress, has launched a sweeping crackdown on wealthy taxpayers, partnerships and large companies.
* “We have to make investments to make sure that whether you’re a complicated filer who can afford to hire an army of lawyers and accountants, or a more simple filer who has one income and takes the standard deduction, the IRS is equally able to determine what’s owed to us. That’s a fairer system,” IRS Commissioner Danny Werfel told CNBC.
