number of IRS revenue agents is down by 43% since 2010, per @TRACReports. As you might expect, audits of millionaires and large corps also are way down, and money is being left on the table. trac.syr.edu/tracirs/latest… 
Audits of millionaires charted below. Per TRAC: "In FY 2012, audits of millionaires turned up $4.8 billion in unreported taxes. Now with less than a third the number of audits, the government uncovered only $1.2 billion in unreported taxes in FY 2020."
Audits in FY2012 of corporations with ≥$20 billion in assets turned up $10 billion in unreported taxes; by FY2020, was down to $4.1B.
Among broader set of corps reporting >$250M in assets, audits turned up $24.4B in unreported taxes in FY2012; fell to just $5.4B in FY 2020.
Among broader set of corps reporting >$250M in assets, audits turned up $24.4B in unreported taxes in FY2012; fell to just $5.4B in FY 2020.
As Dems look around for revenue raisers to pay for some of their big spending programs, increasing funding for the IRS likely to be on the table (particularly given this news on @NatashaRSarin, who's written extensively on the tax gap) bloomberg.com/news/articles/…
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