Sep 10, 2021

What would $163 billion a year buy us?

The U.S. Treasury Department reports that tax evasion by the top one percent amounts to $163 billion per year:

The wealthiest 1 percent of Americans are the nation’s most egregious tax evaders, failing to pay as much as $163 billion in owed taxes per year, according to a Treasury Department report released on Wednesday.

Read more here; Treasury report here.