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FTA: "Since the turn of the millennium, the prosecution of white-collar crime has plummeted—but this should not imply a surge in moralism among our leading cap
by lucretian 5y ago
FTA:
"Since the turn of the millennium, the prosecution of white-collar crime has plummeted—but this should not imply a surge in moralism among our leading capitalists. After the attacks of September 11th, the F.B.I. began to shift resources toward counterterrorism. Meanwhile, Republican lawmakers cut the budget of the Internal Revenue Service so sharply that it had the same number of special agents in 2017 as it had half a century earlier, even though the national population has grown by two-thirds."
- hellbannedguy 5y agoI heard under Bush, the SEC budget was cut drastically. This couldn't be right, but I heard at one time, it was down to eight employees, and two room in a federal building's basement.
- deleted 5y ago[deleted]
- WalterBright 5y agoTo be fair, much of the IRS's work has been automated. Especially the submissions - the IRS no longer has to have people doing data entry. The computers automatically scan for red flags.