Chamberlain Hrdlicka’s Shareholder and Former IRS Commissioner, Charles Rettig, was featured in a recent article from The Wall Street Journal discussing how the Trump administration’s scaling back of tax enforcement has left fewer federal employees to audit returns and collect unpaid tax debts.
Rettig said, “The expenses of operating the United States do not disappear if the IRS suffers.” He told The Wall Street Journal that “the people who benefit from IRS understaffing are those who aren’t complying with the law.”
The article expanded on the work under Trump’s first administration reviving tax enforcement. The article states, “While in office, Rettig described the agency as outgunned by wealthy, well-advised taxpayers. He estimated that the tax gap—the difference between taxes owed and paid—was approaching $1trillion a year.”
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