Tax evasion by millionaires and billionaires tops $150B a year, says IRS chief
- The nation’s millionaires and billionaires are evading more than $150 billion a year in taxes, according to the head of the Internal Revenue Service.
- The IRS, with billions of dollars in new funding from Congress, has launched a sweeping crackdown on wealthy individuals, partnerships and large companies, Commissioner Danny Werfel told CNBC.
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