IRS Funding: Increasing Audits for High Earners and Corporations
A house committee must act next: committee consideration.
This bill is led by Democrats and faces a tough path in a divided Congress where IRS funding is a major point of disagreement between the two parties.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
The bill directs the IRS to shift more of its audit and enforcement resources toward high-income individuals and large corporations rather than smaller taxpayers. This could mean somewhat less audit scrutiny for small business owners as agency attention and new tools are aimed higher up the income scale.
“shift more of the auditing and enforcement assets of the Internal Revenue Service toward high-income individuals and large corporations”
Referred to the House Committee on Appropriations.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
The Stop CHEATERS Act proposes allocating $83 billion over the next decade to expand IRS enforcement, including more audits, faster collections, and modernized AI-driven compliance tools. The legislation aims to close a tax gap estimated at $688 billion by targeting high-income tax evasion.
Senate Democrats and an independent introduced the Stop CHEATERS Act to provide the IRS with $83 billion in mandatory funding through 2031. The bill focuses on strengthening tax collection for the wealthy and corporations while improving customer service for law-abiding taxpayers.
U.S. Sen. Angus King is co-sponsoring the Stop CHEATERS Act, which would direct more than $83 billion to the IRS over 10 years. The funding includes $45.6 billion for enforcement targeting high-income evasion and $25.4 billion for technology and operations support.
No votes recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Stop CHEATERS Act
Analysis generated by AI. Always verify with official sources.