CONGRESS FOR VOTERS

IndependentBill · S. 4298· Senate(119-S-4298)

Stop CHEATERS Act

Rep. King
Age: 82 years
Maine
Introduced
4/15/2026
Last activity
4/15/2026 — Read twice and referred to the Committee on Finance.
Sponsored by
Angus King
Cosponsors
Independent - 1Democrat - 27
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "Stop CHEATERS Act," provides significant additional appropriations for the Internal Revenue Service. The funding is directed toward tax enforcement activities, taxpayer services, technology overhauls, and business systems modernization. These funds are scheduled to be distributed across fiscal years 2026 through 2031. The bill aims to increase the capacity of the IRS to detect fraud and noncompliance. Additionally, it requires the Commissioner of Internal Revenue to submit reports to Congress regarding plans to shift auditing assets toward high-income individuals and large corporations.

Yes· 3 of 9

  • Does this raise the taxes companies pay?+5

    The bill directs IRS resources specifically toward auditing and collecting from large corporations to ensure compliance.

  • Does this raise taxes on the highest earners?+5

    The bill mandates a plan to shift auditing and enforcement assets toward high-income individuals.

  • Does this make the government pay for what it commits to?+4

    The bill enhances the government's ability to collect owed taxes through modernized technology and enforcement.

The opposite· 3 of 5

  • Would high-income households be better off under this?-6

    The bill specifically targets high-income individuals for increased auditing and enforcement.

  • Would people with substantial wealth be better off under this?-6

    The bill prioritizes shifting IRS auditing assets toward high-income individuals.

  • Would the very wealthiest people be better off under this?-6

    The bill focuses on detecting noncompliance and increasing enforcement for the highest earners.