Sunday, May 05, 2019

We need to restore the IRS so that it can audit everybody who...

... should be.

Since 2010, the IRS has lost thousands of employees because the budget has been cut by almost $3 billion. What this has meant is a decline in auditing companies and rich people. Now about half of the companies we used to audit we no longer do so. And the same is true for individuals making $10 million or more a year.

However, the number of poor people audited has not diminished. More than one-third of all audit targets are recipients of the earned income tax credit; the major audit question is to prove these low-income taxpayers are eligible for government programs.

Criminal tax enforcement has also faltered. More than 150 million income tax returns were filed in 2017, but the IRS brought fewer than 800 cases in which someone was charged with making legal income but criminally evading taxes.

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