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January 14, 2004
Who's really "shirking" their civic responsibilities?
Uncle Sam trying to limit car donation deductions - Jan. 14, 2004
"The Treasury Department said Tuesday it will include a series of provisions aimed at closing tax loopholes in the 2005 budget, including a plan to impose additional appraisal requirements and deduction limits for car donations."
I'm sure that the $654 million the government isn't seeing is far greater than the money created by U.S. corporations headquartered in Bermuda.
This is the quickest source I could find that puts a number on the amount of tax revenue the U.S. Treasury loses. The number is estimated to be approximately $70 billion. How come the U.S. Treasury isn't doing anything about that?
Posted by beamz at January 14, 2004 2:48 PM
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