Let’s talk facts—big money gets big breaks, and regular folks get the shaft.
While you sitting here tryna figure out how to pay taxes on your DoorDash hustle, Uber side gig, or your little 10-99 independent contract, the IRS has been ghosting the rich like a bad date. Let me break this all the way down so it hits home.
IRS Ain’t Checking Big Ballers No More!
Over 30 percent of IRS Workers GONE! Audits? Cancelled. But only for the rich!
Yep, you read that right. The IRS lost nearly a third of its staff—and guess who caught the biggest break? Big corporations, billionaires, and tax-dodging celebrities. The very folks with the money, lawyers, and loopholes are the ones getting ghosted by Uncle Sam. No audits. No pressure. No heat. They sliding by with offshore accounts, shady write-offs, and million-dollar loopholes—and nobody’s checking ‘em!
But let YOU mess around and forget to report a $600 Cash App deposit from your side hustle. Let YOU take a $500 deduction without proper receipts. The IRS will be in your inbox, mailbox, and on your nerves.
Now here’s the kicker: Even though they ain’t watching the rich, they stay on low-income folks like white on rice—especially those who claim the Earned Income Tax Credit (EITC). Poor people get audited more than millionaires. Let that marinate.
Studies show that EITC recipients—working-class people just tryna survive—get audited at disproportionately high rates. Why? ‘Cause the system says they’re “easier” to audit. They ain’t got the staff to go after the rich, so they come for the reachable.
$150 MILLION Cases Dropped Like Nothing!
IRS staff cuts killed major investigations. Some folks skated on MILLIONS!
Because of the cuts, huge tax cases got tossed like spoiled milk. The kind of cases that involved hedge fund money, shell companies, and all types of tax evasion schemes. The IRS literally had to back off because they didn’t have enough staff to keep pressing.
Too short-handed to keep pressing. So guess what? The rich got ghosted. Meanwhile, you miss a child tax credit form or forget to check a box, and they’re quick to hit you with letters, fines, and refund holds. Make $40K? You’re a target. Make $40 million? You get a pass.
Now to “fix” it, the IRS wants to bring in Artificial Intelligence (AI) to fill the gap. Sounds high-tech, right? But here’s the problem. AI might help flag discrepancies, but it don’t understand context, hustle, or struggle. Because it’s easier to audit simple returns, guess who’s going to get hit the hardest? Low-income workers. Earned Income Tax Credit recipients. Folks with straight-forward W-2s and 1099s.
How do you drop cases involving $150 million but go hard on somebody who made $40K last year? That ain’t oversight—that’s intentional neglect.
The Tax Gap Hits $600 BILLION!
The tax gap is the difference between what people should be paying and what actually gets collected. And that gap? It just ballooned to over $600 billion.
The feds ain’t collecting what’s owed because they don’t have the manpower. That’s money that could’ve gone to:
- Better schools
- Affordable healthcare
- Fixing these raggedy roads
- Boosting small businesses
- Reducing national debt
Instead, it’s sitting in secret accounts and luxury trust funds while working-class people are told to “tighten your belt” and “live below your means.” This isn’t about mismanagement, it’s about who the IRS prioritizes and who they don’t.
Let’s keep it all the way real:
- Rich folks hire teams of lawyers and accountants to dodge taxes legally and illegally.
- Broke folks get turbo-taxed, fear letters in the mail, and overpay just to stay outta trouble.
The big ballers get a pass, while struggling families get pressed. If you are behind on taxes, they’re garnishing your wages. If you claim too many dependents, they’re investigating. If you miss a payment plan, penalties, interest and fees are stacking.
Meanwhile, the rich? They sliding by on paying their fair share of taxes by way of tax shelters, tax loopholes, tax avoidance, deferred compensation, taking compensation in the form of equity instead of paychecks, and getting away with it unbothered.
You ever wonder why the IRS always got smoke for small fish but never go after the whales? Because the whales got lawyers, lobbyists, power, and protection. The small fish? They got bills, stress, and no backup.
If the IRS can’t (or won’t) enforce laws on the wealthy, that means the tax burden shifts to people like YOU—working class, middle class, paycheck-to-paycheck folks just trying to make it. This system is rigged and rotten.
So what’s the solution?
I’m always about ACTION. Here’s what we need to start talking about:
Strategically Rebuild and Fund the IRS: Give them the tools to audit the rich, not just over-police the poor.
Close Loopholes: The tax code is like Swiss cheese—full of holes the rich wiggle through. Patch that mess up.
Audit with Equity: Let’s have equal energy for everyone. Don’t just bully the little guy—bring that same heat to the billionaires.
Know Your Rights: Don’t let the IRS punk you. Know your deductions. Know your limits. Don’t overpay just out of fear.
Vote Smart: These policies come from the top. Want better laws? Elect folks who don’t protect wealth hoarding.
This system ain’t broken—it’s rigged.
So don’t stay quiet. Don’t stay blind. Don’t stay played.
Get smart. Get loud. Get your money game tight—because they’re counting on you not to.
(Damon Carr, Money Coach & Tax Pro can be reached at 412-216-1013 or visit his website at www.damonmoneycoach.com)
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