Professor Reuven S. Avi-Yonah not too long ago revealed an opinion in CNN Enterprise. Right here, I respectfully reply to a number of claims in that article.
Declare: “Company America has perfected the artwork of dodging the taxes that everybody else pays.”
Response: Sixty-one p.c of particular person taxpayers paid no federal revenue taxes in 2020. Even in non-pandemic years, this worth is usually in extra of fifty p.c. There are extra particular person non-payers than company non-payers. Additional, the loss from company tax evasion is way smaller than from people.
Learn the remainder right here. (paygated till Jan 17, 2022).
Posts and feedback are solely the opinion of the writer and never that of the UNC Tax Heart or every other individual or entity.