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Message
Surprise! The IRS Lied About Who Those 80,000 New Agents Would Target
Posted on 4/12/24 at 5:44 am
Posted on 4/12/24 at 5:44 am
Our government always goes after the low-hanging fruit. 
PJ Media
PJ Media
quote:
It will surprise no one that an audit by the Treasury Inspector General For Tax Administration found that "President Biden's plan to hire a new army of tax collectors is falling flat, and the agents already at work are targeting the middle class."
quote:
As of last summer, 63% of new audits targeted taxpayers with income of less than $200,000," reports the Wall Street Journal. "Only a small overall share reached the very highest earners, while 80% of audits covered filers earning less than $1 million.
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Posted on 4/12/24 at 5:52 am to Perfect Circle
If we went to a consumption tax we would eliminate the income tax - that means the IRS goes away.
Posted on 4/12/24 at 6:57 am to POTUS2024
quote:
If we went to a consumption tax we would eliminate the income tax - that means the IRS goes away.
Nope.
You still have payroll tax that many businesses get behind on and would also get behind on paying the consumption tax. As a matter of fact… you would be floored at how many businesses have trouble… or not at all… forwarding the money withheld from paychecks to the government.
Would it shrink it? Yes. But eliminate it? I don’t see how that can even be done now.
Posted on 4/12/24 at 7:00 am to CleverUserName
quote:
Would it shrink it?
I will settle for shrink at this point with the end goal being the elimination of it or folding it into another agency...
Posted on 4/12/24 at 7:04 am to Perfect Circle
Much easier to maintain power lording over a society of the poor who are dependent on you.
A strong, thriving middle class who doesn’t necessarily need or want big, powerful government would always present a potential threat to maintaining that power.
A strong, thriving middle class who doesn’t necessarily need or want big, powerful government would always present a potential threat to maintaining that power.
Posted on 4/12/24 at 7:07 am to Great Plains Drifter
quote:
A strong, thriving middle class who doesn’t necessarily need or want big, powerful government would always present a potential threat to maintaining that power.
Pretty much every government regulation happening right now is aimed at reducing freedoms and implementing control over the population...
Posted on 4/12/24 at 7:08 am to The Maj
quote:
I will settle for shrink at this point
Can be done. But what would probably happen is they turn it more into a proactive agency than reactive.
Posted on 4/12/24 at 7:15 am to Perfect Circle
Of course. The rich use tax lawyers who are former IRS agents. The current IRS agents don’t want to go after those who fight back.
Posted on 4/12/24 at 7:17 am to Perfect Circle
quote:Their spin will be only 8.3% of >$1m incomes were previously audited. 20% of audits represent a 250% increase, so "nothing to see here, move along" ... or we'll audit you.
80% of audits covered filers earning less than $1 million.
Posted on 4/12/24 at 7:20 am to CleverUserName
quote:
But eliminate it? I don’t see how that can even be done now.
Reading shite like this makes me sad. The federal income tax wasn’t implemented until 1913. Want to know what they did from 1783 - 1912? Consumption taxes.
Posted on 4/12/24 at 7:22 am to The Maj
quote:
Pretty much every government regulation happening right now is aimed at reducing freedoms and implementing control over the population...
100%. I would add that they are also specifically targeting the middle class. Upper crust has tax sheltering that they can exploit. Lower class doesn't pay. It is the small & medium business owners that get the big stick of government slammed on their back on any given day. The middle class is the group who would "rise up". Authoritarians can't have that.
Posted on 4/12/24 at 7:24 am to Perfect Circle
quote:
As of last summer, 63% of new audits targeted taxpayers with income of less than $200,000,"
As predicted.
Posted on 4/12/24 at 7:26 am to CleverUserName
The fair tax eliminates payroll and estate taxes as well.
Posted on 4/12/24 at 7:30 am to Perfect Circle
No one hates the middle class like the Democrats.
Posted on 4/12/24 at 7:50 am to CleverUserName
quote:
Nope.
You still have payroll tax that many businesses get behind on and would also get behind on paying the consumption tax. As a matter of fact… you would be floored at how many businesses have trouble… or not at all… forwarding the money withheld from paychecks to the government.
Would it shrink it? Yes. But eliminate it? I don’t see how that can even be done now.
Why would there be a payroll tax? A consumption tax can be broadly applied and displace all income-type taxation, including payroll taxes.
The IRS is the lion's share of the Treasury budget. Treasury shows a $20B budget, iirc, and about $15B goes to the IRS. If we got rid of the IRS we'd pay about $5B per year in retirement costs, assuming all employees were retired. Eventually that would go to zero. IRS is now between 90k and 100k employees. Dedicate $1B to send to the states, which is an average of $20M per state. That's plenty for offices and 100+ employees to oversee collection of the consumption tax. That would shut down the IRS and save us $9B or more each year from the Treasury budget.
Posted on 4/12/24 at 8:04 am to Perfect Circle
IRS could be replaced with one AI program and a room full of admins.
Posted on 4/12/24 at 8:12 am to LuckyTiger
quote:
No one hates the middle class like the Democrats.
California is the model.
Posted on 4/12/24 at 8:20 am to POTUS2024
quote:
Surprise! The IRS Lied About Who Those 80,000 New Agents Would Target
Posted on 4/12/24 at 8:21 am to Perfect Circle
Years ago when I was in my early 20's I was making 25k a year working for the man.
I got a "invitation" from my local IRS office to come in for a chat.
Why would they waste time and effort going after low to middle class income citizens?
I got a "invitation" from my local IRS office to come in for a chat.
Why would they waste time and effort going after low to middle class income citizens?
Posted on 4/12/24 at 8:21 am to Perfect Circle
Biden is always looking out for the working man
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