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https://www.foxbusiness.com/money/irs-audits-poor-taxpayers-easier
https://www.propublica.org/article/irs-sorry-but-its-just-easier-and-cheaper-to-audit-the-poor
https://www.dailykos.com/stories/20...-ones-admits-that-low-income-cases-are-easier
I thought this was a fascinating piece of information in the context of the income/wealth inequality in this country.
The title sums up the story pretty well. The IRS acknowledged that they audit more poor people than rich people because auditing poor people is easier. It's cheaper for them, takes less time, and requires less professional expertise to conduct.
It's bass-ackwards. The biggest tax cheats have a better chance of avoiding scrutiny than the poor precisely because they are the biggest tax cheats, lol.
https://www.propublica.org/article/irs-sorry-but-its-just-easier-and-cheaper-to-audit-the-poor
https://www.dailykos.com/stories/20...-ones-admits-that-low-income-cases-are-easier
I thought this was a fascinating piece of information in the context of the income/wealth inequality in this country.
The title sums up the story pretty well. The IRS acknowledged that they audit more poor people than rich people because auditing poor people is easier. It's cheaper for them, takes less time, and requires less professional expertise to conduct.
It's bass-ackwards. The biggest tax cheats have a better chance of avoiding scrutiny than the poor precisely because they are the biggest tax cheats, lol.