Yonhap Infomax NewsMar 5
President Lee Jae-myung declares end to era of profiting from rule-breaking as National Tax Service collects 257.6 billion won from 27 companies involved in stock manipulation, signaling government's tough stance on market disruption and unfair practices.
#YonhapInfomax #PresidentLeeJaemyung #StockManipulation #NationalTaxService #TaxAudits #MarketDisruption #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=108273
President Lee - 'No Empty Promises... Era of Profiting by Breaking Rules is Over'

President Lee Jae-myung declares end to era of profiting from rule-breaking as National Tax Service collects 257.6 billion won from 27 companies involved in stock manipulation, signaling government's tough stance on market disruption and unfair practices.

Yonhap Infomax
Show threadNonilexMay 8, 2025

“Although these costs are not as high as in dictatorships like Russia—where critics are routinely imprisoned, exiled or killed—America has, w/stunning speed, descended into a world in which opponents of the government #fear #criminal investigations, #lawsuits, #TaxAudits & other punitive measures & even #Republican politicians are, as one fmr #Trump admin ofcl put it, 'scared' out of their minds 'about death threats.'”

#AmericanAutocracy

U.S. Politics in Real TimeOct 6, 2023

Under Trump, IRS Targeted Low-Income Families at Higher Rate Than Millionaires for First Time

https://www.commondreams.org/news/trump-irs-audits

#IRS #LowIncomeFamilies #Millionaires #TaxAudits #TrumpAdministration #WealthInequality #Politics #News

Under Trump, IRS Targeted Low-Income Families at Higher Rate Than Millionaires for First Time

"House Republicans want to return to the lawless days of rampant tax evasion by the nation's wealthiest."

Common Dreams
beSpacificMay 10, 2023
Stanford University - Measuring and Mitigating #RacialDisparities in #TaxAudits "Government agencies around the world use data-driven algorithms to allocate #enforcement resources. Even when such #algorithms are formally neutral with respect to protected characteristics like race, there is widespread concern that they can disproportionately burden #vulnerable groups. We study differences in #InternalRevenueService (#IRS) audit rates between #Black and non-Black taxpayers" https://siepr.stanford.edu/publications/measuring-and-mitigating-racial-disparities-tax-audits
Measuring and Mitigating Racial Disparities in Tax Audits

Stanford Institute for Economic Policy Research (SIEPR)
Poetry NewsJan 31, 2023

Audits
Discrimination, select
Black Americans targeted
Funding debate questions rise
Justice denied

#taxaudits #discrimination #inequality #irs #cinquain #poetry

https://www.nytimes.com/2023/01/31/us/politics/black-americans-irs-tax-audits.html

Black Americans Are Much More Likely to Face Tax Audits, Study Finds

A new report documents systemic discrimination in how the I.R.S. selects taxpayers to be audited, with implications for a debate on the agency’s funding.

aztecladyDec 2, 2022

The Pentagon can't account for over 61% of it's *3.5 trillion dollars* assets.

Meanwhile, individual U.S. tax payers will have to declare any money they got this year through paypal, etc.--used to be anything over $20K was taxable, now it's $600.

The headlines, by the way, are outrageous. "Progress" for them, fines and/or jail for you and I.

#TaxAudits #Tax #MilitarySpendingComplex #DefundTheMilitary