Gee, that almost sounds like it was intentional.
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Not even subtle about it any more.
They weren't subtle to begin with.
The only thing that’s incorrect about this article is that they talk about millions in lost revenue, when the effect will certainly be in the billion if not trillion dollar range.
They should have cut all IRS investigations except the wealthy.
For every dollar spent on IRS audits for middle America, they get about a dollar back in recovered revenue. For every dollar spent on auditing wealthy Americans, they get about twelve dollars back in recovered revenue. I don't think these cuts are intended to help balance the budget.
Why would they do exactly the opposite of their goal?
I may be behind, have they installed a Republican shill in directorship in the IRS as well as defunding them? If not, then they should still have agency in fund allocation
The rest of us are mostly automated. Checking your return against a W2 and a couple of bank 1099s is easy.
Chasing down tax dodging through a web of pass through entities is not.
Fair point, but potential returns are massive, and if they were targeting likely evaders , they could compound the money spent on manual checks (a list of high ranking Republican members might be a good place to start)
That kind of seems like the opposite of efficiency
Almost like efficiency was never the point.
Makes it more efficient for the wealthy when finding ways to avoid paying tax.
we the poor are not a fucking bank for these lazy bastards that just keep taking all our shit for their own personal financial gain.. And they'll keep taking and taking if we keep letting them, and we've been over the limit for some time already It's past due to push them off of us
And yet, Republicans have been steadily making gains with the working class. With this past election they are now the dominant party for working class voters. It comes down to two things. American voters are deeply ignorant and the Democratic party is pathetically weak and out of touch.
sdfg
That's some good praxis
Geez gosh golly!
I can't believe stuff like this happening under a Trump presidency ! Is it actually possible Trump wants good things to happen to the wealthy and nobody else!
Not possible! I refuse to believe it!
Clearly, it was Hunter Biden's intern's emails about a tan suit.
The Helmsley Doctrine (“only the little people pay taxes”) is now law
Trickle up economics
I refiled my W4s to pay little to no taxes. I realize they're going to come after it later, but I just plan to play dumb and delay and deny for as long as I can (without facing jail time).
Retail Store CEO:
We will save money by firing all the cashiers!
Sue Trump and Elon for the illegal firing now before it is too late.
That'll get you literally nowhere. Someone with deep pockets would be the only option to sue em, even then, they'll just counter sue for defamation and drown you in legal fees
Friendly reminder that Joe Biden increased resources to the IRS and they recouped billions from wealthy tax cheats.
But he was too old, so we went with an old rapist felon traitor instead.
Surprised Pikachu Face...
It doesn't make sense to me because there are fewer ultra wealthy people in America than there are poor people.
so with staff getting cut in half, you'd think it would be better to focus on the smaller group.
Turns out they only have enough to audit the poor and middle class.
Why wouldn't they retaliate by specifically prioritizing the wealthy?
If they're crunched on time wouldn't they focus on the highest value accounts?
TLDR: They are prioritizing the wealthy. They simply can't afford to audit them without staff and funds to do so. They only audit if doing so is profitable for the government.
They did. They have been targeting the wealthy for years. It has been all over the news.
Problem is, court cases are expensive, running audits are more expensive based on the scale of the assets involved.
The IRS always makes additional money back based on every dollar of funding given to them but Republicans always defund the IRS. Here is an article about it from the end of the last Trump Admin LINK HERE
Fucken sick of this blatant manipulation by the wealthy. The IRS is our fucken money maker.
I would say "why don't they just focus on rich people and not audit the other 90% of Americans." But we already know the answer to that one no matter who's in charge.
This is what you voted for protest non voters! Congratulations!