Obama Solves Tax Gap Problem
Seeking new sources of revenue, Barack Obama’s tax reform panel has solved the tax gap problem in just a matter of days following its creation. Each member appointed to the panel by Obama was audited for previous tax years by the Treasury Department, and the audits uncovered hundreds of billions of dollars in unpaid taxes.
Combined with back taxes from other Obama nominees who have had tax troubles, the soon-to-be-paid taxes uncovered by the audits of the panel members mean that Obama has in effect solved the tax gap.
Inside sources are reporting that the only thing standing in the way of Obama completely solving the tax gap is Willie Nelson, an Obama supporter in 2008.
Was this page helpful to you?
Thank You!
The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work?
Contribute to the Tax FoundationLet us know how we can better serve you!
We work hard to make our analysis as useful as possible. Would you consider telling us more about how we can do better?
Give Us Feedback