Monday, August 04, 2008

Video on Wealthy Tax Evaders

Embedded below is an interesting video on the current problems our country is facing with tax evasion. According to the video, the government loses about $100 billion in revenue from tax evasion, which makes up a huge part of the tax gap. Just for comparisons sake, $100 billion is more than what the federal government spends on education and training, triple what they spend on the environment and natural resources, and nearly five times what they spend on temporary assistance for families in need. Thanks to the American News Project, and TaxProfBlog, for the video.

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