The Economics Behind IRS Audits and Taxpayer Compliance

ABOUT THE EPISODE Wharton’s Ben Sprung-Keyser discusses recent research on the effectiveness of IRS audits across income levels. The conversation explores audit trends, the Inflation Reduction Act, and the return on IRS spending when targeting high-income taxpayers. Key findings suggest that auditing wealthier individuals yields significantly higher federal revenue, with implications for tax policy and enforcement strategy.

ABOUT THE PODCAST The Wharton Business Daily podcast features interviews with top business leaders, innovators, and renowned Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School.

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