Biden pledges big increase in funding, staffing to restore the IRS and crack down on rich tax cheats
In what is a ridiculously long overdue proposal, President Joe Biden is advocating doubling the size of the IRS, adding tens of thousands of new workers over the next decade in order to help achieve another of his goals: upping enforcement and getting tax scofflaws to pay up. That would come with an increase in funding to the IRS by $80 billion, and the return on that could be more than $700 billion in revenue in the next decade.