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Politics : Formerly About Advanced Micro Devices

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From: Wharf Rat	5/21/2021 1:07:13 PM
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The Biden administration’s tax enforcement plan would double the number of IRS employees over the next decade and require banks, payment services and cryptocurrency exchanges to provide the government more information about account flows, according to a Treasury Department report released Thursday. “Treasury officials project that the plan would generate a net $700 billion over the next 10 years and $1.6 trillion in the decade after that, and the report says those figures are conservative because they underestimate how audits deter tax dodging and don’t count any benefits from improving IRS technology.” wsj.com

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