Treasury Says Top 1% Dodge $163 Billion In Taxes Annually, Calls For Increased IRS Funding

Contributing sentiments towards policy:

56% : In order to begin increasing compliance from the top, the Treasury highlights the need for new IRS personnel, training and access to information on opaque income sources used to evade taxation.
53% : "The Administration's proposals call for significantly increasing the IRS budget, specifically $80 billion of investment over the coming ten years in enforcement, IT, and taxpayer services generating an estimated $320 billion in additional tax collections over the next ten years," Sarin wrote.
42% : The Treasury Department released a new report on Wednesday that shows how the top 1% of earners in the United States are dodging $168 billion in taxes annually.
38% : According to its findings, the difference in taxes owed and collected is $600 billion annually in unreported taxation and $7 trillion of lost revenue across the next decade.

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