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Why Small Businesses Won't Stop Underpaying Taxes.

Authors :
Shane, Scott
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.

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
82538973