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Chuck Darwin

The IRS has 👍collected $1.3 billion from high-wealth tax dodgers since last fall,
the agency announced Friday, crediting ❇️spending that has ramped up collection enforcement through President Joe Biden’s signature climate, health care and tax package signed into law in 2022.

Treasury Secretary and IRS Commissioner traveled to Austin, Texas, to tour an IRS campus and
announce the latest milestone in tax collections as 🆘Republicans warn of big future budget cuts for the tax agency if they take over the White House and Congress.

Yellen said in a speech in Austin that in 2019, 🔥the top one percent of wealthy Americans owed more than one-fifth of all unpaid taxes, “leaving ordinary Americans to shoulder the burden.”

⭐️“To fix this, we’ve channeled IRS funding toward significant investments to combat tax evasion,” she said.
apnews.com/article/irs-treasur

FILE - Treasury Secretary Janet Yellen speaks during a news conference in Philadelphia, July 30, 2024. (AP Photo/Matt Rourke, File)
AP News · Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgersBy FATIMA HUSSEIN