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Message
re: 63% of new IRS audits were on folks making less than $200K.
Posted on 5/10/24 at 11:04 am to HubbaBubba
Posted on 5/10/24 at 11:04 am to HubbaBubba
quote:
The IRS would love to go after bigger fish, but that won't produced immediate results. That takes years and lawyers and courts.
The IRS will focus on street level Americans and the guppies. The bigger fish are part of the US Corporatocracy and they're also the bulk of the donor class.
2
Posted on 5/10/24 at 11:19 am to Bass Tiger
quote:
The bigger fish are part of the US Corporatocracy and they're also the bulk of the donor class.
The bigger fish also use CPA firms and have lawyers. They're less likely to have made mistakes to begin with.
It sucks, but if you're the IRS and you want to increase revenue that's who you go after, the middle and upper middle class. There may or may not be a political component to this but you can make the case with simple math.
Posted on 5/10/24 at 1:24 pm to Bass Tiger
quote:
The IRS will focus on street level Americans and the guppies. The bigger fish are part of the US Corporatocracy and they're also the bulk of the donor class.
The IRS goes after billionaires too. Those are the fun fights.
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