ProPublica tells us:
“Tax evasion is at the center of the criminal cases against two associates of the president, Paul Manafort and Michael Cohen. The sheer scale of their efforts to avoid paying the government has given rise to a head-scratching question: How were they able to cheat the Internal Revenue Service for so many years?
You know, I had wondered that, especially because Manafort is not exactly the sharpest shiv in the box. I mean seriously, the dude was emailing documents with the instructions to his minion, “forge this document, please.” But I digress.
“The answer, researchers and former government auditors say, is simple. The IRS pursues fewer cases of tax evasion than it did less than 10 years ago. Provided you’re not a close associate of President Donald Trump, there may never be a better time to be a tax cheat.”
And that is a sentence that should be carved above the entrance to the IRS, and gold-leafed.
“Last year, the IRS’s criminal division brought 795 cases in which tax fraud was the primary crime, a decline of almost a quarter since 2010. “That is a startling number,” Don Fort, the chief of criminal investigations for the IRS, acknowledged at an NYU tax conference in June.
“Bringing cases against people who evade taxes on legal income is central to the revenue service’s mission. In addition to recouping lost revenue, such cases are supposed “to influence taxpayer behavior for the hundreds of millions of American citizens filing tax returns,” Fort said. With fewer cases, experts fear, Americans will get the message that it’s all right to break the law.”
“It’s good to be king,” Prznint Stupid said to himself (ALLEGEDLY). But how/why did the IRS stop pursuing tax cheats?
“Starting in 2011, Republicans in Congress repeatedly cut the IRS’s budget, forcing the agency to reduce its enforcement staff by a third.”
So, in other words, it’s the golden age of tax cheating! But what does that mean, in practical terms?
IRS estimates it’s losing $125 billion from tax evasion because GOP has gutted its enforcement budget. Note that’s another covert $1.2 trillion tax cut for the wealthy over ten years. https://t.co/YhvtPUrd7B
— Nathan Newman 🧭🌹 (@nathansnewman) October 1, 2018
In other words, it’s the equivalent of another Billions for Billionaires Bill that is under the table. This is why we cannot have nice things.