@patrishmo.bsky.social
Reposted
From Portsmouth NH. Estimated crowd size over 3,000 people.
April 6, 2025 at 12:06 PM
From Portsmouth NH. Estimated crowd size over 3,000 people.
Reposted
We have research on this
Chart below understates ROI of IRS enforcement, as it excludes deterrence effects
Post-audit, noncompliant taxpayers start paying much more in taxes voluntarily. These additional taxes =3x revenue raised from initial audit, on avg, over next 14 yrs
bsky.app/profile/cram...
Chart below understates ROI of IRS enforcement, as it excludes deterrence effects
Post-audit, noncompliant taxpayers start paying much more in taxes voluntarily. These additional taxes =3x revenue raised from initial audit, on avg, over next 14 yrs
bsky.app/profile/cram...
Besides the personal cost to those losing their jobs, this WILL NOT SAVE MONEY.
Every $1 IRS spends on audits brings in >$1 in additional revenue. This is especially true for audits of the very rich: $6.29 returned for each dollar spent auditing top 0.1%.
www.washingtonpost.com/opinions/int...
Every $1 IRS spends on audits brings in >$1 in additional revenue. This is especially true for audits of the very rich: $6.29 returned for each dollar spent auditing top 0.1%.
www.washingtonpost.com/opinions/int...
Opinion | How much did Congress lose by defunding the IRS? Way more than we thought.
New research finds that for each extra dollar the IRS spends auditing wealthy taxpayers, it can collect more than $12 in return.
www.washingtonpost.com
March 4, 2025 at 11:30 PM
We have research on this
Chart below understates ROI of IRS enforcement, as it excludes deterrence effects
Post-audit, noncompliant taxpayers start paying much more in taxes voluntarily. These additional taxes =3x revenue raised from initial audit, on avg, over next 14 yrs
bsky.app/profile/cram...
Chart below understates ROI of IRS enforcement, as it excludes deterrence effects
Post-audit, noncompliant taxpayers start paying much more in taxes voluntarily. These additional taxes =3x revenue raised from initial audit, on avg, over next 14 yrs
bsky.app/profile/cram...