And what we learned from taxing high earners is that the highest earners hide their money and don't pay the expected taxes.
And what we learned from taxing high earners is that the highest earners hide their money and don't pay the expected taxes.
https://www.npr.org/2022/10/18/1128561539/pandemic-fraud-bil...
Huh? I'm out of the loop on this.
“We estimate that SBA disbursed over $200 billion in potentially fraudulent COVID-19 EIDLs, EIDL Targeted Advances, Supplemental Targeted Advances, and PPP loans. This means at least 17 percent of all COVID-19 EIDL and PPP funds were disbursed to potentially fraudulent actors.”
https://www.sba.gov/document/report-23-09-covid-19-pandemic-...
IRS also covered some:
https://www.irs.gov/newsroom/irs-criminal-investigation-rele...
I think means tested welfare can backfire a lot in ways that locks people into dependency on the welfare and not look for a higher paying job.