June 11, 2021

VOA News: IRS Data Leak Reveals How Little America’s Wealthiest Pay in Taxes

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“I think it’s a big wake-up call,” said Steve Wamhoff, director of federal tax policy for the Institute on Taxation and Economic Policy in Washington.

“It tells us things that tax experts have already known for a long time. But it’s the amount of detail, the specific names, that we don’t normally see,” Wamhoff said. “Even though we know really wealthy people have all kinds of ways to avoid taxes, there’s something about seeing actual names and actual numbers that brings that into sharper focus, and makes people think about what a problem that is, and what we can do to fix it.” Read more



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