AI can help taxman catch wealthy tax cheats

Researchers have found that machine learning was successful in helping to predict which entities were non-compliant and did not pay all that they owed in taxes. PHOTO: ISTOCKPHOTO
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In his latest budget proposal, US President Joe Biden is set to unveil a slew of new tax increases on wealthy Americans.

Rather than raising taxes, maybe he should just focus on collecting what some of them already owe, by using artificial intelligence (AI) to give the taxman a boost.

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