Politics > Technology

The US could raise $1 trillion more in taxes through stricter IRS enforcement, according to a new study

17 days ago   |   By Business Insider

The US government could raise more than $1 trillion in additional taxes over the next decade through stricter Internal Revenue Service enforcement.
That could happen through increased audits, reporting requirements, and information technology, according to a National Bureau of Economic Research paper out this month.
The IRS would need roughly $100 billion more to spend on additional enforcement to hit that target of tax revenue, the economists said.
Visit Business Insider's homepage for more stories .
The US government could raise more than $1 trillion in additional taxes over the next...
Read more ...

 

The US could raise $1 trillion more in taxes through stricter IRS enforcement, according to a new study

The US could raise $1 trillion more in taxes through stricter IRS enforcement, according to a new study

17 days ago   |   By Business Insider

The US government could raise more than $1 trillion in additional taxes over the next decade through stricter Internal Revenue Service enforcement.
That could happen through increased audits, reporting requirements, and information technology, according to a National Bureau of Economic Research paper out this month.
The IRS would need roughly $100 billion more to spend on additional enforcement to hit that target of tax revenue, the economists said.
Visit Business Insider's homepage for more stories .
The US government could raise more than $1 trillion in additional taxes over the next...
Read more ...

 


Search by Tags

   Technology      US      Tax      Economics      Business  


The US sanctioned a Russian hacking group called Evil Corp. for stealing...

The US sanctioned a Russian hacking group called Evil Corp. for stealing more than $100 million from banks

The US Treasury Department on Thursday brought sanctions against Evil Corp., a Moscow-based cybercriminal group, for its role in using malware to steal more than $100 million... Read more ...

Former Playboy model Karen McDougal is suing Fox News, saying Tucker Carlson...

Former Playboy model Karen McDougal is suing Fox News, saying Tucker Carlson defamed her by falsely accusing her of extorting Trump

Karen McDougal, a former Playboy model who claims to have had an affair with President Donald Trump , is suing Fox News for defamation, The New York Times... Read more ...

The Obamas reportedly just bought a $12 million home on Martha's Vineyard...

The Obamas reportedly just bought a $12 million home on Martha's Vineyard. They're worth 30 times more than when they entered the White House in 2008 - here's how they spend their millions

Barack and Michelle Obama reportedly purchased a 6,892-square-foot house on Martha's Vineyard that was listed at $11.75 million, according to Julia Wells for local outlet... Read more ...

Brexit Party poll: After Farage loses four MEPs. is the Brexit Party...

Brexit Party poll: After Farage loses four MEPs. is the Brexit Party FINISHED? VOTE HERE

NIGEL FARAGE has been left furious after four Brexit Party MEPs quit to back the Conservatives' plan to take the UK out of the European Union, savagely accusing him of “putting... Read more ...

Watch: Angela Rayner doubles down on Corbyn's Queen's Speech blunder

Watch: Angela Rayner doubles down on Corbyn's Queen's Speech blunder

Jeremy Corbyn was caught out yesterday pretending he watches the Queen's Speech, only to be rumbled when he said he... Read more ...

Amazon cloud CEO Andy Jassy says the company feels strongly that the $10...

Amazon cloud CEO Andy Jassy says the company feels strongly that the $10 billion JEDI cloud contract 'was not adjudicated fairly' because of political interference

On Wednesday at the Amazon Web Services re:Invent conference, AWS CEO Andy Jassy said the company feels "pretty strongly" that the decision to award the $10 billion Joint... Read more ...

Rep. Matt Gaetz suggested impeaching Obama during Wednesday's Trump...

Rep. Matt Gaetz suggested impeaching Obama during Wednesday's Trump impeachment inquiry hearing

Rep. Matt Gaetz suggested impeaching President Barack Obama while speaking in a House Judiciary Committee hearing in the impeachment inquiry into President Donald Trump on... Read more ...

Brexit threat: Luxembourg's PM Bettel hands Boris ultimatum - 'Accept EU...

Brexit threat: Luxembourg's PM Bettel hands Boris ultimatum - 'Accept EU rules' or no deal

BORIS JOHNSON has been handed a huge Brexit warning as Luxembourg's Prime Minister Xavier Bettel said the UK would have to “accept EU rules” if it wanted to receive the... Read more ...

Mike Bloomberg claimed that 'no one asked' him about his stop & frisk policy...

Mike Bloomberg claimed that 'no one asked' him about his stop & frisk policy until he ran for president - here are 5 times he addressed it over the years

In a Friday morning interview with CBS "This Morning," 2020 presidential contender and former Mayor Michael Bloomberg of New York City falsely said he had never been asked... Read more ...

Amid ongoing criticism, Facebook is considering using a label to let people...

Amid ongoing criticism, Facebook is considering using a label to let people know that political ads aren't fact-checked

Facebook has the largest reach of any social network in the world, with over 2 billion users. The size of Facebook's ad network has led to issues of fake news. And while the... Read more ...