We’re starting to get a sense of how Jason Carter might fund his education program.
“There’s $2.5 billion that is uncollected out there from people who are cheating on their taxes, and against whom we aren’t enforcing the law. That’s $2.5 billion dollars of money that’s gone uncollected by our state government for years now.”
That’s all well and good but it might not be enough.
People familiar with the state budgeting process tell me that that $2.5 billion figure is very ambitious and it will be very difficult to collect that much. In addition to the problems the AJC lists, it is unclear how much of that theoretically-collectible amount of money is fees and interest. Any of the old taxes that were caught up in bankruptcy are absolutely not collectible and could violate federal law if pursued. Some of the tax is just too old to collect, too.
So it’s a good first start, but he’s still probably nine figures away from fully funding his initiatives.