Neal Statement Applauding New IRS Priorities to Hold Wealthy Tax Cheats Accountable
Washington, D.C.,
September 18, 2023
Ways and Means Committee Ranking Member Richard E. Neal (D-MA) released the following statement after the IRS announced a rebalancing of its compliance initiatives to focus on identifying and auditing high-wealth tax evaders as well as complex partnerships and large corporations: “Ways and Means’ Democrats generational investment in the IRS is allowing it to focus its compliance initiatives on holding the wealthy and well-connected accountable, and away from the historic trend of disproportionately auditing the poorest taxpayers. Today’s announcement makes good on the IRS’ commitment to equity, and will not only reduce racial disparities but also help Americans entitled to refundable credits claim them. I look forward to continuing to work closely with Commissioner Werfel and the Biden Administration to fully realize our shared vision of an equitable, efficient, and effective tax administration.” ### |