Here’s What the Rich Get When They Buy Themselves a Congress

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A few days ago I posted a tweet from Catherine Rampell about Donald Trump’s proposal to slash the IRS budget, even though that would mean less enforcement and fewer audits, thus costing the government a lot of money. Today Rampell is back with raw data on this, which I’ve combined into one gloriously ugly chart. But there’s a reason to make it so ugly. Can you figure it out?

You’re too smart for me, aren’t you? Or did my dotted line at 2011 give the game away? As you can see, IRS enforcement—and its audit rate—went up toward the end of the Bush administration and the beginning of the Obama administration. Then Republicans won a landslide victory in the 2010 midterms and took over Congress in 2011.

That was the high point of IRS efficiency. It’s been straight downhill ever since. Enforcement is down, corporate audits are down, and audits of the rich are down. And why not? Corporations and the rich bought themselves a shiny new Congress in 2010, so why shouldn’t they get their money’s worth?

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We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

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That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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