Forbes: Richest 5% of Americans ‘Choose Not to Pay’ $307 Billion in Taxes Each Year, Treasury Reports (September 8, 2021)

Forbes has published an article, “Richest 5% of Americans ‘Choose Not to Pay’ $307 Billion in Taxes Each Year, Treasury Reports”, which discusses how wealthy Americans evade billions of dollars in taxes every year. The article begins as follows: 

The wealthiest Americans are evading hundreds of billions of dollars in taxes each year, the Treasury Department asserted in a report released Wednesday, using the findings to bolster the case for a proposed $80 billion investment to help the Internal Revenue Service improve tax enforcement.

Click here to see the full article: “Richest 5% of Americans ‘Choose Not to Pay’ $307 Billion in Taxes Each Year, Treasury Reports”

Posted by Marin Larkin, Associate Editor, Wealth Strategies Journal.

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