Oxfam America: Trump and Musk's Proposed IRS Cuts Would Allow Ultra-Rich Tax Cheats to Steal $30 Million Per Day Through Unlawful Tax Evasion
April 15, 2025
April 15, 2025
BOSTON, Massachusetts, April 15 -- Oxfam America issued the following news release:
* * *
Trump and Musk's proposed IRS cuts would allow ultra-rich tax cheats to steal $30 million per day through unlawful tax evasion
The richest 1% are already responsible for nearly 30% of all unpaid taxes--amounting to $205 billion annually. That's $562 million in unpaid taxes per day, or $6,500 every second.
Ahead of Tax Day, Oxfam, the global organ . . .
* * *
Trump and Musk's proposed IRS cuts would allow ultra-rich tax cheats to steal $30 million per day through unlawful tax evasion
The richest 1% are already responsible for nearly 30% of all unpaid taxes--amounting to $205 billion annually. That's $562 million in unpaid taxes per day, or $6,500 every second.
Ahead of Tax Day, Oxfam, the global organ . . .