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The US could raise $1 trillion more in taxes through stricter IRS enforcement, according to a new study

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  • The US government could raise more than $1 trillion in additional taxes over the next decade through stricter Internal Revenue Service enforcement.
  • That could happen through increased audits, reporting requirements, and information technology, according to a National Bureau of Economic Research paper out this month.
  • The IRS would need roughly $100 billion more to spend on additional enforcement to hit that target of tax revenue, the economists said.
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The US government could raise more than $1 trillion in additional taxes over the next decade through stricter Internal Revenue Service enforcement, according to new research. read more >>>

Source:: BusinessInsider.Com