Center-back taxes are an underutilized source of revenue for U.S. infrastructure investment. The Internal Revenue Service (IRS) estimates that $100 billion in unpaid taxes are owed annually by corporations and individuals. By activating these taxes, we can significantly enhance our capacity to build and maintain critical infrastructure, such as roads, bridges, schools, and hospitals.
1. Identify Unpaid Taxes: Conduct comprehensive audits to determine the extent of unpaid taxes.
2. Establish Payment Plans: Negotiate payment plans with taxpayers to avoid penalties and interest.
3. Enforce Collections: Use legal remedies, such as liens and levies, to collect outstanding taxes.
4. Allocate Funds: Direct recovered funds to specific infrastructure projects identified as priorities.
Tax Type | Estimated Unpaid Amount |
---|---|
Corporate Income Tax | $40 billion |
Individual Income Tax | $30 billion |
Payroll Taxes | $20 billion |
Sales Taxes | $10 billion |
Infrastructure Project | Estimated Cost |
---|---|
Road and Bridge Repair | $40 billion |
School Modernization | $20 billion |
Hospital Expansion | $15 billion |
Clean Energy Development | $25 billion |
Strategy | Potential Impact |
---|---|
Enhanced IRS Enforcement | 20% increase in tax collection |
Improved Tax Compliance | 15% reduction in unpaid taxes |
Public-Private Partnerships | 10% increase in recovered taxes |
Data Analysis and Technology | 5% reduction in cost of tax collection |
Activating center back taxes represents a significant opportunity to invest in U.S. infrastructure. By pursuing unpaid taxes, we can generate substantial revenue to fund essential projects and improve the quality of life for all Americans. By implementing effective strategies and partnering with private entities, we can unlock the power of center back taxes and enhance the future of our nation.
2024-11-17 01:53:44 UTC
2024-11-18 01:53:44 UTC
2024-11-19 01:53:51 UTC
2024-08-01 02:38:21 UTC
2024-07-18 07:41:36 UTC
2024-12-23 02:02:18 UTC
2024-11-16 01:53:42 UTC
2024-12-22 02:02:12 UTC
2024-12-20 02:02:07 UTC
2024-11-20 01:53:51 UTC
2024-12-24 11:13:22 UTC
2024-10-13 08:11:34 UTC
2024-10-26 16:37:30 UTC
2024-11-08 15:15:26 UTC
2024-12-24 04:24:22 UTC
2024-12-19 07:03:25 UTC
2024-12-09 15:52:16 UTC
2024-12-15 10:06:06 UTC
2025-01-01 06:15:32 UTC
2025-01-01 06:15:32 UTC
2025-01-01 06:15:31 UTC
2025-01-01 06:15:31 UTC
2025-01-01 06:15:28 UTC
2025-01-01 06:15:28 UTC
2025-01-01 06:15:28 UTC
2025-01-01 06:15:27 UTC