How Congress is pulling the IRS off the rich — and siccing it on the poor
“Congress ran an experiment last year with the Internal Revenue Service. It had the tax collection agency enlist private debt collectors to help bring in hundreds of millions in unpaid taxes. But a new report by an independent office within the IRS suggests the experiment was a bust: The IRS paid the collectors $20 million in fees but only got $6.7 million in revenue back — less than 1 percent of the $920 million the collectors were assigned.”