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Why Small Businesses Won't Stop Underpaying Taxes.
- Source :
- Bloomberg.com; 10/10/2012, p1-1, 1p
- Publication Year :
- 2012
-
Abstract
- The author comments on getting small business owners in the U.S. to pay all the taxes. He says that abstaining from making a single dollar of spending cuts is a way for the U.S. Congress to lower the federal budget deficit to less than 1 trillion dollars. It has been estimated that 179 billion dollars annually in unpaid federal taxes in the country comes from individuals underreporting business income on their personal returns.
- Subjects :
- SMALL business
TAXATION
BUDGET deficits
DEFICIT financing
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 82538973