March 15,2021

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Wyden Statement on New IG Report on Wealthy Tax Cheats

Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement on the Treasury Inspector General for Tax Administration report “High-Income Taxpayers Who Owe Delinquent Taxes Could Be More Effectively Prioritized”:    

“The inspector general’s report reiterates wealthy tax cheats are stealing billions from the American people. Importantly, the report notes the IRS could make significant progress in cracking down on tax cheats by focusing on those who make the most money and owe the most in unpaid tax bills. The report also notes that intentional nonpayment by those with significant financial resources and sophistication is a particularly flagrant form of noncompliance. This group is relatively small and far greater resources should be directed their way. Increasing the number of enforcement staff in areas with the greatest number of enforcement cases is also an important step. While giving the IRS adequate resources after a decade of Republican budget cuts is critical, the IRS must do better. This is an issue I will be raising with the commissioner at next month’s annual filing season hearing.”