The IRS has recovered more than $1 billion from millionaires who failed to pay their tax debts, doubling the total collected from its last update earlier this year.
“The $1 billion collected is a staggering number,” IRS Commissioner Danny Werfel said in a press call Wednesday. “It is further proof of what our employees can do when properly staffed and resourced to ensure people are following laws already put on the books by Congress.”
This announcement is the latest result from heightened IRS enforcement aimed at wealthy individuals and companies that aren’t paying what they owe. ...