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The Washington Post
February 27, 2019

The biggest lesson from Michael Cohen’s explosive testimony
By Catherine Rampbell

Since fiscal 2011, the audit rate for large corporations (with at least $10 million in assets) has halved. For households with income of more than $1 million, it has declined by two-thirds, according to IRS data. Likewise, federal prosecutions referred by the IRS have plunged to their lowest level on record, according to data from Syracuse University’s Transactional Records Access Clearinghouse. In fact, adjusted for population size, IRS-referred prosecutions are just a quarter of their early-’90s peak.

Transactional Records Access Clearinghouse, Syracuse University
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