The I.R.S. "did not pursue 300 high-income taxpayers who together cost the agency $10 billion in unpaid taxes over a three-year period when they failed to even file returns," write five former U.S. Treasury secretaries.
Timothy Geithner, Jacob Lew, Henry M. Paulson Jr., Robert E. Rubin and @LHSummers are all former U.S. Treasury secretaries, representing 17 years of experience at the helm of the department. Unpaid taxes are costing $600 billion a year, they note.
"Today, the I.R.S. has fewer auditors than at any time since World War II."
"Reasonable people can disagree on the magnitude of particular tax rate increases. But on this issue, all should agree, including members of Congress of both parties," write Geithner, Lew, Paulson, Rubin and Summers.
If left unaddressed, uncollected taxes could total $7 trillion over the next decade.

Read the guest essay co-written by five former U.S. Treasury secretaries on how to prevent the growing problem of tax evasion.

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More from @nytopinion

4 Jun
"I never read a page of any school history book about how, in 1921, a mob of white people burned down a place called Black Wall Street, killed as many as 300 of its Black citizens and displaced thousands of Black Americans," writes
"How different would perspectives be had we all been taught about Tulsa in 1921, even as early as the fifth grade? Today, I find the omission tragic, an opportunity missed, a teachable moment squandered," writes
"Today, I think historically based fiction entertainment must portray the burden of racism in our nation for the sake of the art form’s claims to verisimilitude and authenticity."
Read 5 tweets
2 Jun
“I knew I wasn’t going to win over any voters by labeling my opponents racist,” former President @BarackObama wrote in his book.
“How do you decide when the cost of that kind of truth outweighs the value of it?” @EzraKlein asked him during their interview.
“There were times where calling it out would have given me great satisfaction personally. But it wouldn’t have necessarily won the political day in terms of me getting a bill passed,” @BarackObama told @EzraKlein.
“I think that, a lot of times, one of the ways I would measure it would be: is it more important for me to tell a basic historical truth, let’s say, about racism in America right now?” said @BarackObama.
Read 4 tweets
22 May
"They were shouting and cursing and calling me every name but 'child of God.' They were calling for my resignation," recalls @LevarStoney, mayor of Richmond, Va., former capital of the Confederacy.

He wrote about the city after George Floyd’s murder.
The mayor had invited the crowd that was now cursing him after police patrolling the area around Richmond’s monument to Robert E. Lee released tear gas into what had been a peaceful demonstration.
Mayor Stoney was apologizing for the use of tear gas on peaceful protesters, but it "was clear that the hostility was not just about what had happened the night before. There was a lot of pain on display."
Read 7 tweets
22 May
George Floyd’s murder under the knee of police officer Derek Chauvin was captured in a video on May 25, 2020, sparking perhaps the largest protest movement in U.S. history.

A year later, this series asks: What changed, and what comes next?
“Accountability for Floyd’s murder is not justice. If we cannot stop the killings of unarmed Black people before they happen, then any collective affirmation of Black life rings hollow,” write @RevDrBarber and @wilsonhartgrove.
“After Mr. Floyd’s death, Republicans reported much stronger support for Black Lives Matter than they had earlier in 2020,” write @pikachudy and @hakeemjefferson. “But perhaps even more striking is its rapid decline.”
Read 13 tweets
21 May
"Some people get their worldviews from ideological constructs or philosophical movements like ‘conservatism’ or ‘progressivism.’ Biden derives his worldview from lived experience," writes @nytdavidbrooks.
“We’re kind of at a place where the rest of the world is beginning to look to China,” President Biden told David Brooks.
“I watched my dad get the hell kicked out of him in terms of his pride,” President Biden said.

This may seem like an unusual way to answer a question about the role of government, but it is quintessential Biden, writes @nytdavidbrooks.
Read 6 tweets
18 May
Who is keeping us from full vaccination? After conducting a national survey of U.S. adults, Sema K. Sgaier and her colleagues at @SurgoVentures grouped people into distinct profiles based on their shared beliefs and barriers to getting the vaccine.
In New York, this is the breakdown of vaccine holdouts: Image
And here's what that looks like in California: Image
Read 4 tweets

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