Treasury Secretary Janet Yellen says a ‘shocking’ $7 trillion in taxes is going uncollected
No, she didn’t say that much is going uncollected – and it’s over a decade too.
“It’s really shocking and distressing to see estimates suggesting that the gap between what we’re collecting in taxes on current tax and what we should be collecting — if everybody were paying for taxes that are due — that amounts to over $7 trillion over a decade,” Yellen said in an interview with The Atlantic published on Tuesday.
She said that it’s shocking to see estimates that it’s that much. This is a different statement.