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Billions in Taxes Go Unpaid. Under Trump, the I.R.S. Won’t Say How Much.

In brief

The Trump administration has suspended the publication of the annual tax gap report, a critical metric measuring the difference between taxes owed and taxes actually collected. This decision raises significant concerns about fiscal transparency and accountability. Without these official estimates, lawmakers and economists struggle to evaluate whether tax compliance rates have deteriorated or improved during the current administration. The move complicates efforts to assess the effectiveness of IRS enforcement strategies and identify revenue leakage across income brackets and industries.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Billions in Taxes Go Unpaid. Under Trump, the I.R.S. Won’t Say How Much.
Billions in Taxes Go Unpaid. Under Trump, the I.R.S. Won’t Say How Much.

The absence of the annual estimate on the tax gap could make it more difficult to assess whether more taxes are going unpaid since President Trump took office. continue reading...

Author
The New York Times

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