The Inflation Reduction Act has funding for computers and more IRS agents. The need is clear. The IRS must conduct more audits on wealthy tax cheats. Their taxes are the most complicated, which takes up-to-date computers and educated people who understand the law, to do the audits. Despite what critics say, Middle-Class Americans are unlikely to be audited.
Think about it. The need is to go where the money is, and that’s with the super-wealthy, which, thanks to Trump’s 2017 tax bill, we have a surplus of over-the-top wealthy people. Remember Bernie Madoff, who ripped off his clients to the tune of $65 billion. Watch the ongoing lawsuits against Trump in New York. It appears Trump was really good at overvaluing his assets to borrow money and equally good at undervaluing his income from the assets for purposes of paying taxes. With the proper resources, we law-abiding tax-payers are set to make a profit from the new work the IRS will be doing.