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DOGE says it’s saving $100 billion. IRS cuts will backfire by giving tax evaders a free pass

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Today, the IRS fails to collect about $700 billion in taxes owed each year. We know that going after tax evaders has huge returns: Recent academic work suggests that every dollar spent on auditing people in the top 10 percent of earners returns $12. Prior estimates from the Treasury Department’s inspector general suggest that each additional hour spent auditing a high earner generates nearly $5,000 in additional tax revenue.

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https://archive.ph/mVoDB#selection-559.0-559.64

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