Re: Sign if you agree: The IRS must apply our tax laws fairly

Friend, [sign the petition to Congress: Make the ultra-wealthy pay their fair share. Fully fund the IRS.]( [SIGN THE PETITION]( For years, dwindling resources at the IRS led to a significant drop in auditing the ultra-rich, shifting the focus to low-income and Black taxpayers who faced disproportionately higher audit rates. This shift arose partly because auditing the wealthy is resource-intensive; their complex returns and legal defenses present greater challenges than auditing the average taxpayer. With improved funding from the Inflation Reduction Act, the agency has now collected [$160 million]( from millionaires with outstanding debt. Fully funding the IRS is essential for achieving a fair tax code, actively eliminating anti-Black racism from the implementation of our tax policy, and ensuring the wealthiest tax cheats finally pay their fair share. [Add your name to demand Congress fully fund the IRS and make millionaires, billionaires, and corporations pay what they owe in taxes.]( [SIGN THE PETITION]( Keep fighting, Monique Teal, Daily Kos P.S. Read more about how President Biden's Inflation Reduction Act has already helped the IRS apply our tax laws more fairly below. --------------------------------------------------------------- Friend, after being underfunded for decades, Democrats provided the Internal Revenue Service (IRS) with approximately $79.4 billion in supplemental funding via the landmark Inflation Reduction Act. While this sorely needed infusion of resources is already paying dividends—for example, the IRS has collected [$160 million]( from millionaires with outstanding debt, and processing times are faster than ever—Wall Street billionaires are using their considerable access and power to undermine the agency's ability to apply our current tax laws more fairly. [Sign the petition to Congress: Make the ultra-wealthy pay their fair share. Fully fund the IRS.]( [SIGN THE PETITION]( Resourcing the IRS is not just about making the wealthy pay their fair share. The IRS has an [ugly history]( of auditing low-income and Black people at disproportionately high rates, in part because it costs more in staff time and resources to audit wealthy taxpayers, whose returns are more complicated than the average filer (and whose lawyers make these audits more challenging). Their calculus changes when they have the resources to go after the rich. A recent investigation [revealed]( that every additional $1 spent on auditing taxpayers above the 90th income percentile generated more than $12 in revenue. IRS funding is essential for achieving a fair tax code. It's time for the ultra-wealthy to pay their fair share. [Sign the petition to Congress: Make the ultra-wealthy pay their fair share. Fully fund the IRS.]( [SIGN THE PETITION]( Keep fighting, Monique Teal, Daily Kos Daily Kos needs you now more than ever We are falling behind our projections for two of our three major revenue streams: advertising and list building. This means that at this moment, we need to rely more and more on donations from the Daily Kos community to make ends meet. Can you chip in $5 right now to help Daily Kos keep fighting? [Donate $5]( If you wish to donate by mail instead, please send a check to Daily Kos, PO Box 70036, Oakland, CA, 94612. Contributions to Daily Kos are not tax deductible. Shop the Daily Kos store All items made in USA and union decorated! //notify.dailykos.com/ss/c/wehEm_vu1NBVXOKYSqOxTIIfkvDY5WdweA22OatZqcQreUgmm33sy_VkOla2Q1TdmAu0D0A_sjL7G_5FjnHJY4c62ShfJebUQpc3mARG5CZHNWVJaKuN21Uh67woawC23iyIQx-xpCNW0d-LNy_I7io5bsqv8C1H0Acoa-4FTSJASEw7ZShPl2-z-nugNOs6jUyT9rYvO06LpgQ8ftbTY1G7iTQTuyH4W60vF6z0S8YlC5yikkVC7rjwuGKGeGvnJf8U50OBO4vnfF2WKLC61ORV8DEAPxnvUUOoSAe1k-e93-qsCpHMN4qYAQiMLnjCASGnbhlDPAadEP4cFsDlfazdb8qsqFNseP9wmBRrl1eUzdXG8niFv-RfPzpg6kaY_xu7PxGCcVpARGe4E5eTJg/42i/B4xp4a4bQUaoGJJxtQnMDg/h14/cZXF570ldZVBC-0h2dvtxGbOrX7dWUmAxRv5mKOAUdE //notify.dailykos.com/ss/c/wehEm_vu1NBVXOKYSqOxTIIfkvDY5WdweA22OatZqcSz3ExxC8GF5ranIsL0II2ou5wxA_lMdj9SGUCUWhXLxXhcJORUgPe4U4ypZlLj7TFRD9jCRy-xN-MdDJmnXPosUXuHCWR08HMfOPofjhc2-znqo2wjvKIoQIf5eKCxl72uMqPpkYAbZcBSSb3mLj2lUoN0S55MtsbR8vhPw8s3t7HxnYSdnv5MzsQ3Ga6TgIe7S_IFp7EaBGetlj6q9CjR-GxZI4p3MUVkxPpDeKfFrzg8r2GJK4dEt-9YescyafnNL3_FOkTL45RSaPx9GbaZA7oNl0nOurfvxIcfbZaLWHR-9jHI9ds8J3ijGawewjPwKs8lwm6Zr7MUy3I0cPrl0Nm-XDFMr4_ZE7RrFxiwjw/42i/B4xp4a4bQUaoGJJxtQnMDg/h17/q1BTMqpJb-xtuTDKrw52FIde_4WhzGQ2WZjM_2XEjvI Sent via [ActionNetwork.org](. To update your email address, change your name or address, or to stop receiving emails from Daily Kos, please [click here](.