- Jul 20, 2009
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It is amazing that you think this helps your argument, when it does the oppositehttps://www.cbsnews.com/news/millionaire-irs-tax-audit-rate-low-trac-report/
Yup the politicians who steal money from the people everyday are SURELY focusing on auditing & convicting the rich
One group that hasn't benefited from the shrinking IRS are lower-income taxpayers. Those who earn less than $25,000 and qualify for the Earned Income Tax Credit are audited at five times the rate of everyone else, TRAC found. In fiscal year 2022, nearly 1.3% of these tax returns were subject to an in-person or mail audit.
By comparison, the average audit rate for all tax returns was just 0.4% last year.
They coming for those evil millionaires tho
Lower income people are audited at a higher rate because the GOP has denied funding to the IRS so they don't have the resources to audit high earners. This problem got worst when Trump was in office.
There is a whole field of economic research on this.
You are just being a low information hot taker as usual
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