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In the conversation around wealth inequality in the United States, the Internal Revenue Service (IRS) plays a critical but often overlooked
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NBER paper: Each year Americans spend over two billion hours and $30 billion preparing individual tax returns. Between 41-48% of the tax returns could be pre-filed by the IRS by simply using information that the IRS already has: current-year information returns (e.g. Form W-2) & prior-year's return.
