Internal Revenue Service CEO Frank Bisignano prepares to testify before the House Ways and Means Committee n March 04, 2026.
'Wealthy Tax Cheats Reaping the Benefits': IRS Audit Revenue Plummets After Trump Purge
"While working families are expected to pay their fair share, Trump is making it easier for the rich to get away with not paying theirs."
A report published Monday by an independent federal watchdog shows that Internal Revenue Service audit revenue plummeted last fiscal year as the Trump administration gutted the chronically understaffed and underfunded tax agency's workforce, rolling back recent Democratic efforts to bolster enforcement.
The Treasury Inspector General for Tax Administration (TIGTA) found that IRS audit revenue fell by 35% last year compared to fiscal year 2024, when enforcement revenue reached a historic high. The report notes that the audit revenue plunge followed the Trump administration's 27% cut to the agency's examination and collection staff, the effects of which "are likely to become more apparent over time." Among the gutted IRS units was one tasked with auditing billionaires and other super-rich individuals.
Rep. Don Beyer (D-Va.), a member of the House's chief tax-writing committee, wrote in response to the new figures that "Trump gutted the IRS and wealthy tax cheats are reaping the benefits."
"While working families are expected to pay their fair share," Beyer wrote on social media, "Trump is making it easier for the rich to get away with not paying theirs."
The huge decline in audit revenue comes years after congressional Democrats and then-President Joe Biden approved nearly $80 billion in additional funding for the IRS, including more than $45 billion for enforcement.
But Biden and congressional Democrats subsequently cut a deal with Republicans that rescinded much of the funding boost, which the IRS had said could yield roughly $560 billion in federal revenue over a decade—largely from rich tax cheats and large corporations.
"We know who benefits the most when the IRS doesn't have enough staff to dedicate to audits," the Institute on Taxation and Economic Policy said in response to the TIGTA report. "It's the richest Americans."
We know who benefits the most when the IRS doesn't have enough staff to dedicate to audits. It's the richest Americans. pic.twitter.com/bVvK23k1eU
— ITEP (@iteptweets) September 1, 2026
The IRS is currently headed by scandal-plagued former financial services executive Frank Bisignano, whom Treasury Secretary Scott Bessent picked to serve as the agency's first "CEO."
Bisignano has defended the Trump administration's massive IRS staffing cuts, insisting that there is "no staffing shortage here."
But the TIGTA report notes that "staffing reductions starting in January 2025 significantly reduced enforcement staffing," leaving the agency less equipped to audit the often complex returns of ultra-rich Americans and big corporations.
"An obvious fact: If you get rid of auditors, you raise less money from audits," Natasha Sarin, president of Yale University's Budget Lab, said Tuesday.
"Winners are tax cheats, losers are those who are playing by the rules," Sarin added.
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A report published Monday by an independent federal watchdog shows that Internal Revenue Service audit revenue plummeted last fiscal year as the Trump administration gutted the chronically understaffed and underfunded tax agency's workforce, rolling back recent Democratic efforts to bolster enforcement.
The Treasury Inspector General for Tax Administration (TIGTA) found that IRS audit revenue fell by 35% last year compared to fiscal year 2024, when enforcement revenue reached a historic high. The report notes that the audit revenue plunge followed the Trump administration's 27% cut to the agency's examination and collection staff, the effects of which "are likely to become more apparent over time." Among the gutted IRS units was one tasked with auditing billionaires and other super-rich individuals.
Rep. Don Beyer (D-Va.), a member of the House's chief tax-writing committee, wrote in response to the new figures that "Trump gutted the IRS and wealthy tax cheats are reaping the benefits."
"While working families are expected to pay their fair share," Beyer wrote on social media, "Trump is making it easier for the rich to get away with not paying theirs."
The huge decline in audit revenue comes years after congressional Democrats and then-President Joe Biden approved nearly $80 billion in additional funding for the IRS, including more than $45 billion for enforcement.
But Biden and congressional Democrats subsequently cut a deal with Republicans that rescinded much of the funding boost, which the IRS had said could yield roughly $560 billion in federal revenue over a decade—largely from rich tax cheats and large corporations.
"We know who benefits the most when the IRS doesn't have enough staff to dedicate to audits," the Institute on Taxation and Economic Policy said in response to the TIGTA report. "It's the richest Americans."
We know who benefits the most when the IRS doesn't have enough staff to dedicate to audits. It's the richest Americans. pic.twitter.com/bVvK23k1eU
— ITEP (@iteptweets) September 1, 2026
The IRS is currently headed by scandal-plagued former financial services executive Frank Bisignano, whom Treasury Secretary Scott Bessent picked to serve as the agency's first "CEO."
Bisignano has defended the Trump administration's massive IRS staffing cuts, insisting that there is "no staffing shortage here."
But the TIGTA report notes that "staffing reductions starting in January 2025 significantly reduced enforcement staffing," leaving the agency less equipped to audit the often complex returns of ultra-rich Americans and big corporations.
"An obvious fact: If you get rid of auditors, you raise less money from audits," Natasha Sarin, president of Yale University's Budget Lab, said Tuesday.
"Winners are tax cheats, losers are those who are playing by the rules," Sarin added.
A report published Monday by an independent federal watchdog shows that Internal Revenue Service audit revenue plummeted last fiscal year as the Trump administration gutted the chronically understaffed and underfunded tax agency's workforce, rolling back recent Democratic efforts to bolster enforcement.
The Treasury Inspector General for Tax Administration (TIGTA) found that IRS audit revenue fell by 35% last year compared to fiscal year 2024, when enforcement revenue reached a historic high. The report notes that the audit revenue plunge followed the Trump administration's 27% cut to the agency's examination and collection staff, the effects of which "are likely to become more apparent over time." Among the gutted IRS units was one tasked with auditing billionaires and other super-rich individuals.
Rep. Don Beyer (D-Va.), a member of the House's chief tax-writing committee, wrote in response to the new figures that "Trump gutted the IRS and wealthy tax cheats are reaping the benefits."
"While working families are expected to pay their fair share," Beyer wrote on social media, "Trump is making it easier for the rich to get away with not paying theirs."
The huge decline in audit revenue comes years after congressional Democrats and then-President Joe Biden approved nearly $80 billion in additional funding for the IRS, including more than $45 billion for enforcement.
But Biden and congressional Democrats subsequently cut a deal with Republicans that rescinded much of the funding boost, which the IRS had said could yield roughly $560 billion in federal revenue over a decade—largely from rich tax cheats and large corporations.
"We know who benefits the most when the IRS doesn't have enough staff to dedicate to audits," the Institute on Taxation and Economic Policy said in response to the TIGTA report. "It's the richest Americans."
We know who benefits the most when the IRS doesn't have enough staff to dedicate to audits. It's the richest Americans. pic.twitter.com/bVvK23k1eU
— ITEP (@iteptweets) September 1, 2026
The IRS is currently headed by scandal-plagued former financial services executive Frank Bisignano, whom Treasury Secretary Scott Bessent picked to serve as the agency's first "CEO."
Bisignano has defended the Trump administration's massive IRS staffing cuts, insisting that there is "no staffing shortage here."
But the TIGTA report notes that "staffing reductions starting in January 2025 significantly reduced enforcement staffing," leaving the agency less equipped to audit the often complex returns of ultra-rich Americans and big corporations.
"An obvious fact: If you get rid of auditors, you raise less money from audits," Natasha Sarin, president of Yale University's Budget Lab, said Tuesday.
"Winners are tax cheats, losers are those who are playing by the rules," Sarin added.