Lax enforcement and tax havens cost U.S. hundreds of billion of dollars annually in federal tax revenue

https://sirota.substack.com/p/the-1-percents-quarter-trillion-dollar?token=eyJ1c2VyX2lkIjo2MDE2NTUsInBvc3RfaWQiOjY2MjU3MCwiXyI6Ik84eFc3IiwiaWF0IjoxNTk0MzA2NjY4LCJleHAiOjE1OTQzMTAyNjgsImlzcyI6InB1Yi0zNzc3OCIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.-_ctPg1jRIhCC-Fj4bvRnEHEY-ve_a3NE3OyPRbUp7E

 

Two separate studies announced today show the extent of tax cheating and use of tax havens by the 1% and multi-national corporations.

““With the money that these tax cheats owe, this year alone, we could fund tuition-free college for all, eliminate child hunger, ensure clean drinking water for every American household, build half a million affordable housing units, provide masks to all, produce the protective gear and medical supplies our health workers need to combat this pandemic, and fully fund the U.S. Postal Service,” said Sen. Bernie Sanders, who requested the CBO study."

 

Charlie Cooper,  410-624-6095, Get Money Out – Maryland (GMOM)

 “We may have democracy, or we may have wealth concentrated in the hands of a few, but we can’t have both.” – Louis Brandeis