Gutting the IRS
Who Wins When a Crucial Agency Is Defunded
A multiyear campaign to slash the IRS budget has left it understaffed and on the defensive. That’s been good news for tax cheats, the rich, and big corporations — but not for the poor.
Senators Question KPMG Role in Microsoft Profit-Shifting Scheme
The giant consulting firm proposed that Microsoft transfer billions in profits to a small factory in Puerto Rico. The step initially saved the software company billions — then led to an IRS audit and a bill for $28.9 billion in back taxes.
Lawmakers Just Confronted the IRS Over Tax Audits That Target the Poor
Following up on ProPublica stories about the IRS, lawmakers pressed the commissioner on the agency’s disproportionate focus on auditing the working poor while examinations of the rich plummeted.
Alabama Senator to the IRS: Stop Picking on the South
Why are the rural poor audited more frequently than other groups, he asks, citing ProPublica. Another Democratic senator adds, “There are two tax codes in America, and there are also two enforcement regimes.”
Senators Urge IRS to Focus on Big-Time Tax Cheats, Citing ProPublica Stories
Bernie Sanders, Elizabeth Warren and three fellow senators say the agency should do more to tackle financial crimes, even in the face of crippling budget cuts.