Quote:
Originally Posted by AJ32162
Audits from 2010 to 2014...that's a stretch. How about something a little more current?
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Sure! From a Harvard study in 2023:
It turns out auditing is one government investment that pays off. A new working paper, co-authored by Hendren and published last month by the National Bureau of Economic Research, shows that audits, particularly of higher-income taxpayers, raise significantly more money than they cost.
Specifically, the paper concludes that audits cost more than previously estimated, owing to everything from training to computers and the office space needed for in-person meetings. But the revenue raised more than makes up for these expenses, mostly because audits act as a powerful deterrent to tax evasion for years to come.