this post was submitted on 10 Sep 2023
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The IRS Is Using AI to Target the Ultra-Wealthy for Tax Violations (gizmodo.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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The IRS Is Using AI to Target the Ultra-Wealthy for Tax Violations::The agency is adding AI tools to identify taxpayers who make $1 million and up, and have more than $250,000 in tax evasion.

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[–] Shazbot@lemmy.world 85 points 1 year ago

They do have intelligence, but that intelligence is deliberately underfunded to prevent this very situation. It's impossible to navigate the mountains of paperwork and legal loopholes the ultra-wealthy use with so few hands. That's why poorer filers get audited more often: less leg work, easier wins, at the expense of real revenue and justice against tax evaders.