Kathryn Anne Edwards
๐ค SpeakerAppearances Over Time
Podcast Appearances
And they don't require a new wealth tax on billionaires in the process.
Oh, let him go.
Oh, gosh.
IRS funding is, it is, okay, I have to calm down.
I get very upset at how public servants are taxed when they're doing a job that Congress has told them to do, and then Congress attacks them for doing that job in the case of the IRS.
So it's hard for me to speak about that with an even keel.
What I will say is that audit data is really, really consistent, and that if you audit high-income households, you'll generate more tax dollars for a decade.
Well, I mean, it's not even that you make money.
They're educational.
But taxes are also complicated.
And so they mess up on taxes.
And if you're like, hey, you can't claim this, they won't claim it for the next 10 years.
And so the impact that you have of audits is instructive to just how complicated our tax code has become and how much more money we can get if people could just follow it.
The tax gap.
Yeah.
AMTs, I think I'm opposed to on principle just because I don't like adding complexity to our tax system.
I think that it's the weakest component of it.
I guess I would just not need the A part.
I would prefer if the tax code itself was elegant as opposed to the minimum as an alternative.
But I think you and I are at six of one for half a dozen of another.