Unreported Income

Sorry for diving into a politically tinged topic, but alas, an editorial from The NY Times this morning causes me to reflect on a recent discovery.

The editorial is How to Collect $1.4T in Unpaid Taxes, and it begins by reflecting how the imposition of payroll withholding drove the spending required to be victorious in WWII, even leading to wealthy people being proud of what their money was accomplishing (albeit a rare sentiment).

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