Follow the money

CW Admin Old June 23, 2004 - 6:00pm

Tax fraud costs the federal government hundreds of billions of dollars each year. Individual taxpayers rip off the government for $132 billion annually. A recent study estimated that small business owners are among the worst offenders, hiding a significant portion of their income, and thereby deprive the Treasury of an estimated $38 billion a year. Corporations don’t like to pay taxes either. One expert concluded that, thanks to tax...

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