IRS overhaul aims for tenfold increase in audits of the wealthy

Keywords Income taxes / IRS
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8 thoughts on “IRS overhaul aims for tenfold increase in audits of the wealthy

  1. Let’s fix this article title: “IRS overhaul aims for tenfold increase in budget to make it look like there will be serious audits of the wealthy”

    They aren’t going to go after their biggest donor class too hard.

    Not when they can target small time populists on the left and right who threaten their uniparty of oligarchs.

    1. I don’t think you ever need to worry about being audited. They don’t audit those on the government teet

    2. They will go after the sweet spot of those in the upper two brackets but below the political donor / elite level earners.

      All about pushing the elite to another level and pushing all those who actually pay takes down the net income scale.

    3. While I’m obviously trailer trash, Frankie, it does seem weird that a hardline leftist like you is attacking me for pointing out the collusion between our federal government and the ultra-wealthy.

      Yet again, I’m the better Marxist. The 2020s are just so weird.

  2. The IRS is going to look more like the Postal Service every day. And mirror the long-term prospects of Social Security and Medicare. All good here.

    1. I think that’s the goal of Republicans. And if you like the service you get from an underfunded government, then just keep voting that way.

      It’s refreshing to see what happens when you get a government that isn’t just looking out for the rich while the rest of us wait for the “trickle down” that never comes.

    2. Dan how is the government underfunded. They seem to be able to spend trillions they don’t have, on waste, fraud, corruption, crony capitalism and protecting the borders of foreign countries but not our own.

      I could eliminate the IRS, we send our tax dollars to the State of Indiana and they forward the allowable Constitutional amount to the Federal Government!

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