The people that came up with those numbers aren't particularly known to be the best and brightest when it comes to accounting.
2007-03-04 07:33:49 · 4 answers · asked by Scott K 7 in Business & Finance ➔ Taxes ➔ United States
I believe this number refers to the amount of taxes the government is losing out on because of tax evasion and people lying on their taxes. Of course, it's just an estimate, but if they know they're losing out on this much money, why can't they go after it?
2007-03-04 07:43:15 · answer #1 · answered by crazydave 7 · 1⤊ 0⤋
Where are you seeing this number? It's close to the number of how much the average return getting a refund gets, but that would be overpaid, not unpaid, taxes.
Edit: Link to article is http://news.yahoo.com/s/ap/tax_gap;_ylt=AqxzyA9YhbWmD6mDiqzt7MRvzwcF - it's talking about estimates of taxes that are evaded through people working under the table or lying on their returns.
2007-03-04 15:38:02 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
How are they figuring this. I paid my taxes, so this must be an average??
2007-03-04 15:39:14 · answer #3 · answered by Dan821 4 · 0⤊ 0⤋
YOU KNOW THEM PERSONALLY?
ON THE LIST ARE YOU? PAY UP MOOCH>
2007-03-04 15:52:33 · answer #4 · answered by cork 7 · 0⤊ 1⤋