By the numbers: U.S. loses more tax revenue than any nation

The Biden White House wants to invest in tax enforcement to help pay for its infrastructure plan and social spending, saying it could bring the federal government about $700 billion in 10 years.

By the numbers: There’s some dispute over the exact amount of money the U.S. government loses because of tax evasion —but it’s decidedly a lot. One report by the Tax Justice Network found the country loses more taxes each year than any other nation, although the amount equates to about 6% of its public health budget.