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#TaxWatch: Too many ultra-rich people skip taxes, Treasury official says. Why? Because they can

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“#TaxWatch: Too many ultra-rich people skip taxes, Treasury official says. Why? Because they can”

‘Today’s tax code contains two sets of rules,’ Natasha Sarin writes

Some among the super elite are serious tax scofflaws, according to a high-ranking Treasury Department official.

The top 1% of taxpayers account for approximately $163 billion of the country’s estimated $600 billion annual gap between taxes owed and taxes paid, wrote Natasha Sarin, deputy assistant secretary for economic policy.

That’s more…

Andrew Keshner

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