- The Treasury Department and the IRS announced the collection of more than $1 billion in tax debt from high-income individuals over the past year.
- In September, the IRS announced plans to expand its scrutiny of those making more than $1 million annually with more than $250,000 in recognized tax debt.
- However, the funding enacted in 2022 that is allowing the IRS to pursue its plans still has its critics, particularly among congressional Republicans.
However, the funding enacted in 2022 that is allowing the IRS to pursue its plans still has its critics, particularly among congressional Republicans.
“How dare they raise revenue from the tax cheats who vote for us!”
“tax cheats who bribe us!” FTFY
Tax cheats who bought the votes that put us in power, and to whom we are completely in service.
Why are we going after the job
screators 🤪
This explains Republican pledges to abolish IRS
I’m a Fiscally Responsible Republican and this is HORRIBLE! We would be MUCH better off if instead of having Millionaires and Billionaires paying Taxes we instead had HOMELESS MOTHERS WHO HAVE NO MONEY paying Taxes!
Political control is largely a byproduct of media control/propaganda. No amount of reason will protect against never ending repetition of lies. (ie: Fox news profit model)
Im a Fiscally Responsible Republican and this is HORRIBLE! We would be MUCH better off if instead of having Job producers paying Taxes we instead had welfare queens and freeloaders paying Taxes!
It’s not true, but if I repeat the narrative 100x and the truth only once, the narrative wins.
You know what they say…
A billion here, a billion there, eventually you’re talking about real money.
Only need another to do it 13 more times and they can cover their own costs for the year. 812 more times and they can cover the defense budget for the year.
They’re totally fine not collecting from billionaires
This headline uses “millionaires” to mean “people with over a million dollars in annual income” rather than “people with over a million dollars in net worth”
That’s not your run of the mill “successful career with a healthy 401k” millionaire, that’s at least ten-millionaires, mostly hundred-millionaires, and possibly some billionaires by net worth.
The term is Decamillionaires
However, the funding enacted in 2022 that is allowing the IRS to pursue its plans still has its critics, particularly among congressional Republicans.
I.e. Convicted and yet to be convicted tax criminals
… only $1b? That’s it? That number seems really low for millionaires.
Fuckin" git it!
