In many ways, the federal government lacks the good sense God gave a bank robber.
Here is a picture of neglect: Out of every 100 taxpayers who reported more than $1 million in income last year, just three got audited by the Internal Revenue Service (IRS).
The feds were similarly reticent to examine the filings of corporate taxpayers, auditing less than half of the 633 separate business entities that currently hold assets whose value exceeds $20 billion.
These alarming figures are just the continuation of a multi-year downward trend on basic accountability for those taxpayers who are best positioned to pay fancy accountants to skulk through the tax code looking for places to hide their loot from the public.
View the complete March 8 article by Alan Pyke on the ThinkProgress website here.