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Richard Rubin

๐Ÿ‘ค Speaker
238 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

They are federal police officers in the truest sense.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

So they are people with guns.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

Those people are, they're highly trained.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

They're like a cross between police officers and nerds.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

Yeah, they caught Al Capone.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

These are the agents who go after money laundering, transnational narco terrorists.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

It's these criminal special agents who have guns because they're often going to arrest dangerous people who are not just committing tax fraud, but they're committing tax fraud along with drug crimes or whatever else.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

Oh, so this is actually really interesting.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

If you look at the data about what enforcement actually does, it's really just adding, you know, $80, $90 billion a year on top of what people just pay.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

So this has gone through boom and bust cycles, tax enforcement.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

And so I think there's been this sort of steady cycle of it mattering to people in power and then it kind of retrenching a little bit.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

And we're right now in one of those retrenching cycles.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

Trump has complained about his own audits.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

That was both before he was president, and he had a business in those audits, and his tax returns have been written about extensively.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

And also, while he was president, there's a mandatory audit of presidents.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

And he's also, at the same time, suing the IRS for a contractor's disclosure of his tax returns.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

So it's like a very convoluted kind of relationship, and he's still in charge of the IRS.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

Oh, yeah.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

I mean, headcount isn't the absolute perfect measure, but it's one of the best ones that we have over time.

The Journal.
The IRS Shrank. Will That Lead to More Tax Cheating?

And the IRS headcount is now around 70,000.