Here's the damage in a chart:
They've got the most complex finances (often set up that way to avoid tax in the first place!) so require experienced IRS staff for audits.
But IRS has hemorrhaged those staff.
So now, what we have is this:
The top 1% of filers are responsible for ~30% (& @NatashaRSarin et al has a more recent estimate of ~70%) of the tax gap.
But they're & now audited at roughly the same rate as EITC filers who are responsible for a fraction of that.
1. *at least* to 2010 real levels initially
2. over several years, so the IRS can plan to hire, train staff
3. w/ a special budget mechanism to recognize these funds generate *savings*.
Not only the House, but the President's budget yesterday, while terrible overall, included a proposal with the core of these key elements.
More here: cbpp.org/federal-tax/de…
I think they showed vividly that the 2017 tax law's corporate tax cuts & many of its implementing regulations are also a pretty bad deal for most Americans.
Check out their threads of their testimony: