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If you haven't read Rettig's letter[1] to Wyden explaining this, you might want to. It would inform you on the complexities that TCOs face when performing diffe
by aaron-santos 5y ago
If you haven't read Rettig's letter[1] to Wyden explaining this, you might want to. It would inform you on the complexities that TCOs face when performing different types of audits. Why different types of audits? Tax fraud takes different forms largely based on class. Working class tax fraud is handled by correspondence audits, while capital class tax fraud is handled by face to face examinations. You can imagine the difference in training and cost without me explaining it to you. (Also it's in the letter)
This difference in types of audits brings along a difference in cost to the IRS. correspondence TCOs cost less than face to face examiners. Correspondence examiners are GS-5 through GS-8, while face to face examiners are GS-7, 9, and 11. It simply costs more to audit the rich right now. If you want to pay correspondence TCOs the same as face to face TCOs, or believe that high value audits should be conducted by correspondence TCOs that's one thing. But this topic deserves an understanding of the structural challenges that auditing the capitalist class entails.
[1] https://www.documentcloud.org/documents/6430680-Document-2019-9-6-Treasury-Letter-to-Wyden-RE.html https://www.documentcloud.org/documents/6430680-Document-201...