Progressive taxes restore IRS credibility
Bomare and Reck 22, *Ph.D. Candidate @ Paris School of Economics, **Assistant Professor of Economics @ LSE (Jeanne and Daniel, “Fighting tax evasion by the wealthy can raise revenue and restore the integrity of the U.S. tax system,” Equitable Growth, https://equitablegrowth.org/fighting-tax-evasion-by-the-wealthy-can-raise-revenue-and-restore-the-integrity-of-the-u-s-tax-system/)//BB
Our new paper, “Different From You and Me: Tax Enforcement and Sophisticated Tax Evasion by the Wealthy,” reviews recent research showing that tax evasion and legally dubious forms of tax avoidance by wealthy individuals and large corporations represent an important and pressing challenge for the IRS, which needs more funding, not less, to tackle this problem. The research shows that the wealthy are adept at using sophisticated tactics to reduce their tax bills, but we argue that the IRS has tools at its disposal to combat this problem. Investing in tax enforcement targeting the high-wealth population could make taxes in the United States more progressive, raise revenues to fund vital public programs, and restore public confidence in the U.S. tax system.