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Tax cheats are costing the US $1 trillion a year, IRS says in sharply higher estimate

Internal Revenue Service Commissioner Charles Rettig appears before the House Committee on Oversight and Reform, Wednesday, Oct. 7, 2020 in Washington. (Toni L. Sandys/The Washington Post via AP, Pool) DCWAP420

The head of the IRS calculated that tax evasion in the U.S. may total $1 trillion a year, a figure that is multiples higher than previous estimates from the federal government.

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