Here’s How the Rich Get Their Money’s Worth From Republicans

Paul Kiel and Jesse Eisinger write today about “How the IRS Was Gutted.” The nickel answer to the question is easy: The IRS was gutted by Republicans who didn’t like having their rich friends audited all the time. For the longer answer, you’ll have to click the link and read the story. In the meantime, however, here are two charts:

On the left, you can see that the IRS enforcement budget has been slashed since 2010. But it’s the chart on the right that shows exactly what effect that’s had. Poor folks have seen a small decline in audits of their little annual EITC payments, but that was always peanuts anyway. The real revenue-loser is in the green line, showing that audits of rich people have plummeted from 8 percent to 2.5 percent. If you’re rich, the odds of being audited has gone down by two-thirds over the past decade or so.

This GOP war against the IRS has been going on since the mid-90s, when Republicans first started describing IRS agents as jackbooted thugs knocking down doors at midnight and scaring the women and children. But in 2010 Republicans won control of the House. Finally they could really do something to help their donors. And they did. They trashed the IRS enforcement staff and cut the revenue from audits by more than a third, from $23 billion to $14 billion. Mission accomplished.

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THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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