The FAIRtax- Expected Effect on U.S. Tax Evasion
September 15, 2020 By Jade Walle Executive Summary The FAIRtax will significantly reduce U.S. income tax evasion by 95% relative to the current gross tax gap. In 2019, the $780 billion gross tax gap would have been reduced to $41 billion under the FAIRtax. For 2020, the estimated $827 billion gross tax gap …
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