Increasing enforcement of existing laws instead of increasing taxes is an appealing way to raise revenue.
But would stronger enforcement have costs for law-abiding taxpayers too?
On this episode of The Deduction, host Jesse Solis and Federal Policy Analyst Alex Muresianu discuss the tax gap, what it is, how the U.S. compares to other countries, and recent proposals aimed at closing it.
They also explore how much revenue could actually be raised through increased tax enforcement, the current challenges the IRS faces, and how stronger enforcement could impact taxpayers at large.
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