Monday, January 23, 2023

IRS audits the poor at 5 times the rate of everyone else, analysis finds

Mirit Eyal-Cohen (Alabama; Google Scholar), The (Tax) Policy Entrepreneur, 86 Law & Contemp. Probs. __ (2023):

Duke law and contemporary problemsThe construct of entrepreneurship represents a mindset and strategy for utilizing uncertainties to create change in the marketplace. This essay, however, considers entrepreneurship in the context of government policy apparatus. Termed “policy entrepreneurship,” the phenomenon is not concerned with recruiting lawmakers to pass legislation or develop a political economic strategy, but is practiced by advocating for optimal policy outcomes via the legislative process. It entails crafting rules and shaping public programs while maintaining flexibility and harnessing political, administrative, and legal forces to advance public-benefit agendas.

Tax season is a fraught time for taxpayers, who are understandably eager to get their refunds quickly and who may fret that processing hiccups could delay their checks. But some Americans may have more grounds for concern than others: low-income households with less than $25,000 in annual earnings. 

This group is five times as likely to be audited by the IRS as everyone else, according to a new analysis of IRS data by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University. About 13 tax returns out of 1,000 filed by those earning less than $25,000 were audited in the fiscal year ended September 30, compared with a rate of 2.6 for every 1,000 returns for people with incomes above $25,000, TRAC found. 

IRS audits the poor at 5 times the rate of everyone else, analysis finds

There’s a very lengthy backstory to Nadhim Zahawi’s HMRC settlement, and lots of people have been asking me to summarise it.

J.K. Rowling confirms what I wrote a year ago: “living in the truth” is the way to defeat wokeness

Living in the truth is the only way to bring down evil empires. It was so with communism, and history will repeat itself with liberal woke ideology, as well.

World Economic Forum: Here Are All The Covid-19 Precautions At Davos 2022 Forbes. Oddly, I’m not seeing any take-up on this story from official organs like WaPo or the Times. Commentary:

The 5 Creepiest Moments at Davos Ken Klipperstein