Ignoring the tax gap
We’re not Greece but the IRS could do a better job
http://www.salon.com/2012/06/20/ignoring_the_tax_gap/
According to a passage in the article the IRS fails to collect $385 billion each _year_. According to my calculations, over 10 years (why do these morons do everything at 10 years now? Why not 100? 1000?) that winds up being $3.8 trillion dollars, a lot of green even for Congress! What proportion of does that represent of our total tax revenue? According to this the US brings in $5.1 trillion per year, so $385 represents over 7.5% of our total revenues. Something tells me simply collecting these revenues would magically solve all our social safety net problems or even pay for the war with Iran!
I feel quite certain that it would cost the IRS a lot less than $385 billion to collect that money as well, so a massive return on investment. Something that you would think the GOP would support, except, of course, that they are adamant that only poor and middle class pay taxes and I bet most of these scofflaws are not either.
