Treasury Department

@USTreasury ↗

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Last Checked July 9, 2021

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Thu May 20 20:08:45 +0000 2021

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Treasury Department @USTreasury

Nearly $600 billion of taxes went unpaid in 2019. The number will rise to about $7 trillion over the next decade if unaddressed—roughly equal to 15% of taxes owed. And we know that noncompliance is concentrated at the top of the wealth distribution. — PolitiTweet.org

Posted May 20, 2021

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Treasury Department @USTreasury

Treasury is committed to ensuring these resources are disbursed as quickly as possible to eligible state, territorial, metropolitan city, county, and Tribal governments to assist communities as they recover from the pandemic. — PolitiTweet.org

Posted May 20, 2021

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Treasury Department @USTreasury

A recent study found that the top 1% failed to report 20% of their income and failed to pay nearly $175 billion in taxes owed annually. Unpaid taxes come at a cost to American households, compliant taxpayers, and our communities. — PolitiTweet.org

Posted May 20, 2021