IRS Collects $38 Million From High-Income Tax Delinquents, Showcases Audit Capabilities

The IRS collected $38 million in delinquent taxes from over 175 high-income taxpayers.
The collections highlight the IRS's ability to audit wealthy tax dodgers.
Cases involved individuals improperly using owed money for luxury items and attempting unwarranted tax breaks through Puerto Rico.
The IRS is advocating against proposed budget cuts to maintain its audit capabilities.
House Republicans have pushed a $1.4 billion reduction in IRS funding.