I.R.S. Crackdown on Delinquent Millionaires Yields $1 Billion

https://slrpnk.net/post/11323757

I.R.S. Crackdown on Delinquent Millionaires Yields $1 Billion - SLRPNK

cross-posted from: https://sopuli.xyz/post/14698725 [https://sopuli.xyz/post/14698725]

Wait so we spent $80 billion dollars to recoup $1 billion dollars?! đŸ˜”â€đŸ’«

Not exactly. Per the article only 5.7 bil of the 80 bil has been spent so far. Also per the article, 20bil has also been cut from that total in budget negotiations. And, not all of that goes to tracking down mil/billionaires. An unspecified amount goes to modernizing their systems and improving their ability to respond to calls from taxpayers.

I imagine there are plenty of things not listed that they are doing to improve their resources with the money. Id wager that given time we’ll see larger returns on investment as they get through their backlog of unpaid taxes. But that’s just my opinion.

As long as we still have an IRS after November that is.
Oh don’t worry, the GOP doesn’t want to stop taxing the poors. The IRS will just have absolutely zero enforcement if you make enough money.