“Unclaimed property is one of the fastest growing sources for state revenue, and many believe that most unclaimed property is not reported. The lucrative silence surrounding unclaimed property has shifted from business entities, prior to the enactment of unclaimed property laws, to the current lucrative silence that allows unclaimed property to become a vital source of revenue for state governments.”
Read more: https://fee.org/articles/the-secret-billion-dollar-tax-youve-never-heard-about/
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