High income taxpayers are
much more likely to pay less than what they are required by law to pay than lower income taxpayers. In the $500,000 to $1,000,000 per year income range, more than 20% of taxpayers cheat on their taxes, and "because of their higher noncompliance rates, those with true incomes of $200,000 or more received 25% of all income, but accounted for 40% of net underreported income and 42% of underreported tax in 2001[.]"
No comments:
Post a Comment