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 Putting TRAC to Work |
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September 24, 2012 |
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Do Tax Crackdowns on Millionaires Pay Off?
By Robert Frank
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A recent report by the Transactional Records Access Clearinghouse at Syracuse University in New York used internal IRS reports obtained from a court order to discern that the Internal Revenue Service's High Wealth Group collected only $48 million in its first two and a half years. It completed 36 audits – or about 14 a year – despite having a staff of more than 100 people.
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Transactional Records Access Clearinghouse, Syracuse University
Copyright 2012
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