Fast Politics with Molly Jong-Fast cover image

Rick Wilson, David Corn & Catherine Rampell

Fast Politics with Molly Jong-Fast

00:00

The ROI of IRS Audits

For the bottom half of the income distribution, on average, the IRS basically breaks even. For the people in like the top 1% for every dollar that the IRS spends auditing them, they get back about three bucks. The amount of additional tax revenue that comes in from sort of chastened taxpayers is roughly triple what gets recovered from the initial audit.

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