taking steps to increase tax compliance for high-income earners.
Isn’t it a fact, that many high income people, as well as major corporations, are audited regularly, so aren’t we already doing a lot to “increase tax compliance”?
I know someone who worked in the finance area of a major corporation, and he told me that this corporate was audited every single year by the IRS.
I worked in the tax dept of a well known shoe manufacturer in Oregon - Beaverton actually - and yes...unending state and federal audits.
I think what they really mean is they don’t like ordinary companies taking advantage of the purposefully placed loopholes they only intended for their selected cronies.
Actually large Corporations have to Supply the IRS with an o0ffice and the agents are there Full time, if you are in food processing business you have to provide an office for the inspectors.