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Going after the truly wealthy tax dodgers is too hard for the IRS but going after crypto tax dodgers isn’t? Short response: Yep. Longer response: The difficulty in going after a tax cheat depends a lot on how sophisticated they are.  The pikers trying to cheat their taxes using cryptocurreny are mostly unsophisticated cheats.  They think crypto is untraceable, so they’ll be able to slide right past the IRS.  When this turns out to be wrong, they’ll be caught blatantly cheating, and they’ll be comparatively easy to prosecute.  The truly wealthy are sophisticated cheats whose dodges are much more difficult to explain, and they’re saving enough through their tax cheats to afford an army of lawyers and accountants to fight the IRS if it challenges them.  Of course, the really well off ones can frequently buy loopholes for themselves so they can avoid paying taxes legally.

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