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Putting TRAC to Work |
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April 18, 2022 |
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Biden administration uses Tax Day to renew push to Congress to give IRS $80billion in funding to double the workforce, increase enforcement and prevent Americans getting delayed refunds
By Morgan Phillips
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RS audits of the rich have plunged 72 percent from 2012 to 2021, according to a Syracuse University’s Transactional Records Access Clearinghouse (TRAC).
Fewer than two out of every 100 millionaires found themselves subject to an IRS audit in fiscal year 2020, according to the report.
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Transactional Records Access Clearinghouse, Syracuse University
Copyright 2022
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