The Treasury could attack that $387 billion-a-year revenue loss by inviting all techies to compete for a $1 billion prize. The goal: develop easy-to-use, non-invasive software that eliminates the self-reporting shortfall.
The nation could wind up with the bargain of the century. The current revenue loss amounts to $1.06 billion a day. Prize-winning software could recover that amount by the first coffee break of Day Two.
And in the process, end 75 years of tax unfairness.
(Article changed on December 3, 2018 at 01:49)
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