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In 2010, audits identified $5.1 billion of income taxes owed by millionaires and billionaires. But in 2018, only $1.9 billion of unpaid taxes were found, according to data that a federal court ordered the IRS to give to the Transactional Access Clearinghouse at Syracuse University.
"Few audits mean many millionaires escape paying billions of dollars owed the U.S. Treasury," the Clearinghouse says.
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