Better enforcement, hands down. The IRS got a massive funding boost from the Inflation Reduction Act and hired thousands of agents โ that's why collections jumped, not because rates changed.
Economic growth is the driver. More jobs, higher wages, and stronger profits mean more taxable income flowing in without needing a rate hike.
It's all about better enforcement. The IRS finally got the budget to hunt down wealthy tax cheats who have been dodging the system for decades.
IRS hired thousands of new agents and ramped up audits, so they're finally collecting what was already owed.