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Friday, Dec 02, 2022
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Biden’s IRS Crackdown Proposal Targets Rich Hiding Income

Biden’s IRS Crackdown Proposal Targets Rich Hiding Income

The U.S. Treasury Department estimated that wealthy taxpayers as a group are hiding billions of dollars of income, a conclusion that aims to bolster the Biden administration’s call for Congress to approve expanded IRS funding and broad new financial-transaction reporting requirements.
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