Wyden Hails Action to Crack Down on Wealthy Tax Cheats
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement after the Internal Revenue Service (IRS) released new information about its tax enforcement efforts:
“Today’s announcement from the IRS makes clear that wealthy tax cheats are no longer allowed to play by a different set of rules than everyday Americans,” Wyden said. “I’m pleased to see the IRS using the enforcement funding from the Inflation Reduction Act to crack down on large, complex partnerships using ground-breaking technology—this is a big deal and represents a fresh approach to taking on sophisticated tax cheats. This action goes to the heart of Democrats’ effort to ensure the wealthiest are paying their fair share so Medicare and Social Security can be protected and strengthened, education can be improved and more investments can be made in priorities Americans are demanding.
“This news stands in stark contrast to the approach taken by House Republicans, who want to allow wealthy tax cheats to continue business as usual, paying little to no tax and asking middle-class taxpayers to foot the bill.”
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