Tr$llionaires Part 1

After President Biden announced his new infrastructure package, a fight in Washington began over how much we should raise taxes. On this episode we dive in to examine our current tax code. What we uncover is truly unsettling. This will be a multi part series that chronicles the dismantling of our tax system that has allowed the top 10% to exploit, leading to a annual tax-gap of $1,000,000,000,000 dollars a year. This money is crucial to the greater prosperity of the American people, but the top 10% income earners have been getting away with tax fraud, avoidance and non-compliance.

The IRS published in September of 2019 the findings of tax years 2011-2013, where they found the Tax Gap is a colossal $441 Billion dollars. Now the IRS Chief Charles Rettig and Fed Chair Janet Yellen are blowing the whistle that the tax gap is now 1 Trillion dollars.