The IRS Tried to Take on the Ultrawealthy. It Didn’t Go Well.
Ten years ago, the tax agency formed a special team to unravel the complex tax-lowering strategies of the nation’s wealthiest people. It never had a chance.
Ten years ago, the tax agency formed a special team to unravel the complex tax-lowering strategies of the nation’s wealthiest people. It never had a chance.
Jesse Eisinger, Paul Kiel ProPublica Apr 2019 20min Permalink
An eight-year campaign to slash the agency’s budget has left it understaffed, hamstrung and operating with archaic equipment. The result: billions less to fund the government. That’s good news for corporations and the wealthy.
Paul Kiel, Jesse Eisinger ProPublica Dec 2018 25min Permalink
Why dealing with the IRS is so difficult – and the woman charged with making it easier:
[Nina] Olson noted that the IRS relied on computers to audit all but the highest-income brackets. “We’re getting to a situation where the only people who will get face-to-face audits are the 1 Percent,” she said. “For the majority of taxpayers, the IRS has become faceless, nameless, with no accountability and no liability.”
Elizabeth Dwoskin Businessweek Apr 2012 15min Permalink