The IRS is planning to hire as many accountants and attorneys as it takes to crack down on rich people 'that are not paying the taxes they owe'
On Thursday, the IRS released itsfor the next decade, which details how it will use Democrats' $80 billion investment in the agency from the Inflation Reduction Act.
, audits of the wealthy and large corporations have"plummeted" over the past decade due to the agency's lack of resources, and tax evasion in the top 1% surged to $160 billion per year. That's why $41.7 billion of the $80 billion investment is dedicated to stricter enforcement actions for high earners and large corporations. Daniel Werfel, the IRS commissioner, wrote in a letter accompanying the plan that the agency will focus"enforcement resources on hiring the accountants, attorneys, and data scientists needed to pursue high-income and high-wealth individuals, complex partnerships, and large corporations that are not paying the taxes they owe.
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