Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 17
- Left
- 5
- Center
- 6
- Right
- 3
- Unrated
- 3
- Last Updated
- 11 days ago
- Bias Distribution
- 35% Center
The IRS has recovered $1.3 billion from wealthy individuals who avoided paying taxes, thanks to initiatives funded by the Inflation Reduction Act. Launched in late 2023, these efforts targeted 125,000 high-income non-filers and 1,600 millionaires with significant tax debt. The IRS has collected $172 million from 21,000 taxpayers who hadn't filed returns since 2017 and $1.1 billion from millionaires with unpaid tax debts. This enforcement has been part of a modernization effort that includes the Direct File program. The initiative underscores the Biden administration's focus on combating tax evasion among the wealthy, in contrast to the previous administration's reduced audit rates for high-income earners.
- Total News Sources
- 17
- Left
- 5
- Center
- 6
- Right
- 3
- Unrated
- 3
- Last Updated
- 11 days ago
- Bias Distribution
- 35% Center
Open Story
Timeline
Analyze and predict the
development of events
Negative
20Serious
Neutral
Optimistic
Positive
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