Tax fraud, tax evasion and tax avoidance are not the same thing.
Cutting the higher marginal tax rates caused more people to move money from less stable economies with looser banking regulations to US banks which resulted in increased tax revenue taken in.
So the solution to people committing massive tax fraud is to lower taxes? Not to throw them in jail? 🙄
Tax fraud, tax evasion and tax avoidance are not the same thing.
Cutting the higher marginal tax rates caused more people to move money from less stable economies with looser banking regulations to US banks which resulted in increased tax revenue taken in.
Blah blah blah. Your solution is to let criminals keep ripping us off instead of doing something about it.
As I said last time “Tax fraud, tax evasion and tax avoidance are not the same thing.”.
No one proved anyone broke the law so there were no “criminals” to pursue. I was nine when this happened so I didnt make any decisions here.