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Alexander Berger
@albrgr
US tax audits are very effective revenue-raisers because they lead people who were audited to actually follow the tax laws in the future.
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QJE
@QJEHarvard
Replying to @QJEHarvard
#QJE Feb 2025, #2, “A Welfare Analysis of Tax Audits Across the Income Distribution,” by Boning, Hendren (@nhendren82), Sprung-Keyser (@bsprungkeyser), and Stuart: doi.org/10.1093/qje/qj
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David Watson 🥑
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Ben Grodeck🔸
@benleo_econ
Fascinating! I wonder how this extra spending would compare to social norm nudges when it comes to tax avoidance/evasion? Is it the same 'type of people' above the 90th percentile that are affected?
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Jordan Ross
@jordan_ross_8F
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I just got hit with a 6k fine bc my taxes were wrong from 2022 Why were my books were wrong? - My CPA was negligent 😠 (I'll post full details below, but if you want the full audit Follow me + bookmark this post and comment "Books").
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BlendedUnicron
@BlendedUnicron
it feels misleading to say “x audit dollars spent yields y in additional revenue” as if that’s a law of nature. Historically true, sure, but a lower budget forces IRS to focus on egregious cases, increasing yields. May be diminishing returns if we were to pump the IRS budget.
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