We Americans pride ourselves on being compliant with our voluntary tax compliance system, yet we have the highest tax evasion in the world! it's not uncommon to think of countries such as Brazil or Russia in the top categories, but the US is #1? It's possible, however, that the number is large because our economy is large. Nonetheless, why do you believe that we have such a high level of tax evasion? And what can we do to stop it?

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Under the federal law of the United States of America tax evasion or tax fraud is the purposeful ill... View the full answer