Warren, King, Kaine, Whitehouse Lead 25 Senators in Introducing Bill to Fund the IRS, Crack Down on High-Dollar Tax Dodgers
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Senator Elizabeth Warren's BlueSky (This link opens in new window or tab.) Senator Elizabeth Warren's Twitter (This link opens in new window or tab.) Senator Elizabeth Warren's Youtube (This link opens in new window or tab.) Senator Elizabeth Warren's Instagram (This link opens in new window or tab.) Home Newsroom Press Releases April 15, 2026 Warren, King, Kaine, Whitehouse Lead 25 Senators in Introducing Bill to Fund the IRS, Crack Down on High-Dollar Tax Dodgers The Stop Cheaters Act would raise $1 trillion over a decade by providing the IRS with the necessary resources to modernize taxpayer services and ensure the wealthy pay what they owe in taxes. Text of Bill (PDF) | One-Pager (PDF) Washington, D.C. — U.S. Senators Elizabeth Warren (D-MA)—a member of the Senate Finance Committee—Angus King (I-ME), Tim Kaine (D-VA), and Sheldon Whitehouse (D-RI) introduced the Stop Corporations and High Earners from Avoiding Taxes and Enforce the Rules Strictly (Stop CHEATERS) Act, a bill to restore and revitalize the IRS with additional funding for tax enforcement, technology operations support, systems modernization, and taxpayer services like free taxpayer assistance. The bill is projected to raise approximately $1 trillion over a decade, given the extent of tax evasion among high earners and the positive impact of improved services to help lower- and middle-income taxpayers file their taxes. Right now, America misses out on billions of dollars owed by high earners who evade paying the taxes they owe. Prior to receiving funding through the Inflation Reduction Act , the IRS suffered from decades of chronic underfunding, leading the agency to disproportionately audit lower income earners. As a result, it is estimated that corporations and high-income individuals with access to high-level accountants – have been able to evade the taxes they owe, contributing to $1 trillion in lost revenue . However, instead of supporting the IRS’s efforts to ensure the wealthy pay their fair share, Congressional Republicans have slashed staff at the IRS and rescinded much of the IRS’s funding from the Inflation Reduction Act . This legislation would allocate over $83 billion to the IRS over the next decade to enable tax auditors to enforce the tax code fairly across the board and at all income brackets and provide crucial services to taxpayers. The Yale Budget Lab estimates that this change will raise approximately $1 trillion in net revenue over a ten-year window, meaning that for every dollar invested by this bill, the federal government will gain approximately $13 in gross revenue. "For decades, billionaires and giant corporations have made tax evasion their hobby, and Republicans have enabled them by gutting the IRS,” said Senator Warren . “Enough is enough. It’s time to fund the IRS and make the rich pay their fair share." “As Congress negotiates ways to fund much-needed policy priorities and address our growing national debt, there is one common sense solution that should have unanimous bipartisan
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