book, 144 pages, 6" x 9" (paper), 2006
The Internal Revenue Service estimates that as much as $350 billion in taxes are not paid voluntarily and on time. Much of this enormous gap can be attributed to offshore financial manipulations, abusive tax shelters, complexity of the tax code, and failure to implement basic financial reporting and withholding procedures. Compounding the compliance problem is the enforcement burden on an inadequately funded IRS. In a new book, Bridging the Tax Gap, EPI economist Max B. Sawicky brings together eminent theorists and practitioners in the field of tax enforcement. Collectively, these experts provide an accessible overview of the crisis facing federal tax administration and discuss a wide range of practical solutions.