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1/3 Of All Unpaid Taxes Due To The IRS Are Owed By The Wealthiest 1% Of Americans

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  • A new report finds the wealthiest Americans are hiding 20% of their earnings from the IRS.
  • The National Bureau of Economic Research report also found the wealthiest 1% of U.S. residents account for about one-third of all unpaid U.S. taxes.
  • Vermont independent Senator Bernie Sanders unveiled legislation that would restore the U.S. corporate tax rate to 35%, levy new taxes on the estates of extremely wealthy people and prohibit companies from shifting profits offshore to avoid U.S. taxes.

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Categories: Business, Government

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