IRS launches crackdown on rich tax evaders
The IRS announced that it has launched a crackdown on 125,000 wealthy "non-filers"—rich people who aren't paying taxes. Hundreds of millions are owed and everyone who does pay is getting cheated by them.
Beginning this week, the IRS will start sending out noncompliance letters to more than 25,000 people who earn more than $1 million per year and 100,000 people with incomes between $400,000 and $1 million who failed to pay their taxes between 2017 and 2021.
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Rob Beschizza, Khareem Sudlow
