Putting TRAC to Work |
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News Organizations |
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Think Progess |
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March 8, 2019 |
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Super-rich tax cheats can now expect to avoid audits after years of Republican sabotage guts IRS By Alan Pyke |
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The decline in the number of audits of high-income individuals is particularly stark, as Syracuse University’s Transactional Records Access Clearinghouse (TRAC) noted in their report on the data, released Thursday. Twice as many million-dollar earners were audited in 2010, at which time the IRS identified $5.1 billion in unpaid taxes from 32,494 audits. Last year’s considerably more torpid effort to provide oversight of the well-to-do pulled in just $1.9 billion, per TRAC. |
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Copyright 2019
