09/12/2023
https://www.congress.gov...
"And will you help us define whatever we may need to do legislatively, or by way of oversight, to make sure we close that gap?"
"are these the people Senator Whitehouse cavalierly joked about at the end of the hearing when he lamented over the missed opportunity to add a T to the end of FATCA?"
"So one thing I will note as I close out my questioning: we have heard testimony today that 36 percent of missing tax revenues of the tax gap, 36 percent of that comes from 1 percent of the taxpayers."
"The IRS conservatively estimates the tax gap--the difference between taxes owed and taxes collected--to be $441 billion per year."