Apparently, the IRS thinks people aren’t paying their fair share:
Most Americans pay their federal taxes by their due dates, but there’s still a yawning gap between what taxpayers owe and what they pay, according to the IRS.
That gap — known as the net tax gap — is between $257 billion and $298 billion, according to preliminary findings from a three-year study on taxpayer compliance released Tuesday.
“Even after IRS enforcement efforts and late payments, the government is being shortchanged by over a quarter-trillion dollars by those who pay less than their fair share,” said IRS commissioner Mark W. Everson in a statement.
The IRS discovers the more people it audits, the more it can shake out of them. But only to get
its their fair shares.
I am uncomfortable when the head of the IRS is determining what each person’s fair share of tax burden is. I thought we had elected officials to do that, but what we really have is unelected enforcement agents who want more budget and more power.