![Common Dreams | A Wong/Getty](https://ifp.nyu.edu/wp-content/uploads/2024/02/1-47-1024x490.jpg)
Common Dreams | A Wong/Getty
The IRA funding boost has given the agency much more capacity to pursue rich tax cheats. Last month, the IRS said it has collected more than $500 million from wealthy tax dodgers since 2022. The new Treasury-IRS analysis estimates that if the IRA funding boost remains in place, federal revenue would increase by as much as $561 billion over the next 10 years—a significant return on the IRA’s $80 billion investment.