{"id":395,"date":"2024-01-13T13:42:14","date_gmt":"2024-01-13T13:42:14","guid":{"rendered":"https:\/\/chartsforthepeople.com\/?p=395"},"modified":"2024-01-13T13:44:17","modified_gmt":"2024-01-13T13:44:17","slug":"irs-return-on-investment","status":"publish","type":"post","link":"https:\/\/chartsforthepeople.com\/index.php\/2024\/01\/13\/irs-return-on-investment\/","title":{"rendered":"IRS Return on Investment"},"content":{"rendered":"<p>From the site (see source below):<\/p>\n<blockquote>\n<p class=\"wpds-c-hcZlgz wpds-c-hcZlgz-bkfjoi-font-georgia wpds-c-hcZlgz-jDmrXh-width-mdCenter wpds-c-hcZlgz-iPJLV-css mw-md pb-md font--article-body font-copy ma-auto pl-sm pr-sm\" style=\"box-sizing: border-box; margin: auto; font-size: 1.25rem; line-height: 1.6; padding-bottom: 24px; font-family: georgia, 'Times New Roman', serif; max-width: 672px; padding-left: 16px; padding-right: 16px;\">The White House and Congress\u00a0<a style=\"box-sizing: border-box; text-decoration-line: none; border-bottom: 1px solid #d5d5d5;\" href=\"https:\/\/www.washingtonpost.com\/business\/2023\/06\/01\/irs-debt-ceiling-budget-x-date-yellen\/0786e2b8-0032-11ee-9eb0-6c94dcb16fcf_story.html?itid=lk_inline_enhanced-template\" target=\"_blank\" rel=\"noopener\">recently agreed<\/a>\u00a0to claw back more than $20 billion earmarked for the Internal Revenue Service. This deal was, ostensibly, part of a grand bargain to reduce budget deficits.<\/p>\n<p>\u00a0<\/p>\n<p class=\"wpds-c-hcZlgz wpds-c-hcZlgz-bkfjoi-font-georgia wpds-c-hcZlgz-jDmrXh-width-mdCenter wpds-c-hcZlgz-iPJLV-css mw-md pb-md font--article-body font-copy ma-auto pl-sm pr-sm\" style=\"box-sizing: border-box; margin: auto; font-size: 1.25rem; line-height: 1.6; padding-bottom: 24px; font-family: georgia, 'Times New Roman', serif; max-width: 672px; padding-left: 16px; padding-right: 16px;\">Unfortunately, it\u2019s likely to<strong style=\"box-sizing: border-box;\">\u00a0<\/strong>have the opposite effect. Every dollar available for auditing taxpayers generates many times that amount for government coffers \u2014 and the rate of return is especially astonishing for audits of the wealthiest Americans, according to new research shared exclusively with The Post.<\/p>\n<\/blockquote>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/chartsforthepeople.com\/wp-content\/uploads\/2024\/01\/revenue-per-irs-audit.png?resize=780%2C693&#038;ssl=1\" alt=\"\" width=\"780\" height=\"693\" \/><\/p>\n<p>Source:\u00a0<a href=\"https:\/\/www.washingtonpost.com\/opinions\/interactive\/2023\/irs-enforcement-costs-congress-funding\/\">https:\/\/www.washingtonpost.com\/opinions\/interactive\/2023\/irs-enforcement-costs-congress-funding\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From the site (see source below): The White House and Congress\u00a0recently agreed\u00a0to claw back more than $20 billion earmarked for the Internal Revenue Service. This deal was, ostensibly, part of a grand bargain to reduce budget deficits. \u00a0 Unfortunately, it\u2019s likely to\u00a0have the opposite effect. Every dollar available for auditing taxpayers generates many times that &#8230; <a title=\"IRS Return on Investment\" class=\"read-more\" href=\"https:\/\/chartsforthepeople.com\/index.php\/2024\/01\/13\/irs-return-on-investment\/\" aria-label=\"Read more about IRS Return on Investment\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-395","post","type-post","status-publish","format-standard","hentry","category-cftp"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/chartsforthepeople.com\/index.php\/wp-json\/wp\/v2\/posts\/395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chartsforthepeople.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chartsforthepeople.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chartsforthepeople.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chartsforthepeople.com\/index.php\/wp-json\/wp\/v2\/comments?post=395"}],"version-history":[{"count":2,"href":"https:\/\/chartsforthepeople.com\/index.php\/wp-json\/wp\/v2\/posts\/395\/revisions"}],"predecessor-version":[{"id":397,"href":"https:\/\/chartsforthepeople.com\/index.php\/wp-json\/wp\/v2\/posts\/395\/revisions\/397"}],"wp:attachment":[{"href":"https:\/\/chartsforthepeople.com\/index.php\/wp-json\/wp\/v2\/media?parent=395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chartsforthepeople.com\/index.php\/wp-json\/wp\/v2\/categories?post=395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chartsforthepeople.com\/index.php\/wp-json\/wp\/v2\/tags?post=395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}