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Democrats Seek Unpaid Taxes, Setting Up Clash By EDMUND L. A

PostPosted: Sat Jan 28, 2012 10:57 am
by admin
Democrats Seek Unpaid Taxes, Setting Up Clash By EDMUND L. ANDREWSPublished: February 5, 2007WASHINGTON, Feb. 2 — Congressional Democrats, hoping to finance an ambitious agenda without raising taxes, are on a collision course with the Bush administration about pursuing the potentially vast amount of money that people hide from the Internal Revenue Service.House and Senate Democrats say the government could collect as much as $100 billion more a year by whittling the tax gap — the unpaid taxes, mostly on unreported earnings, that the I.R.S. estimated was about $300 billion a year. read at source> http://www.nytimes.com/2007/02/05/washi ... r=homepage