IRS Recovers $1 Billion From “Tax Cheats” and “Abusers”

The Internal Revenue Service (IRS) on Thursday announced success in the first round in its war against private property. It has extracted more than $1 billion from some 1,600 individual taxpayers, each of whom, claims the agency, owed more than $250,000 in back taxes. The average extraction approached $1 million per taxpayer. These, of course, ...

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