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IRS’S Most Wanted: The $200,000 Man

Kaight
  |     |   1,192 posts since 2011

https://www.wsj.com/articles/irs-tax-collectors-audit-middle-class-tigta-5071d622?mod=hp_opin_pos_3#...

https://reason.com/2024/04/05/promise-breaking-irs/

The Internal Revenue Service got an audit of its own in time for Tax Day, and two irregularities jump out. 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.

The agency has completed just 33 percent of its fiscal year 2023 milestones outlined in its strategic operating plan, which is…tough given that the year is over.

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milty
  |     |   1,689 posts since 2018
This article is an opinion piece by the editorial board from the WSJ, which is owned by Rupert Murdoch. You remember Rupert, from Fox News, right?

"Rupert Murdoch says Fox stars 'endorsed' lies about 2020. He chose not to stop them"
https://www.npr.org/2023/02/28/1159819849/fox-news-dominion-voting-rupert-murdoch-2020-election-frau...

And although the WSJ's news reporters are highly respected, its opinion pieces not so much, even by it own employees.
"Over 280 Wall Street Journal employees raise credibility concerns about opinion page"
https://thehill.com/homenews/media/508373-over-280-wall-street-journal-employees-raise-credibility-c...

The second article is just a regurgitation of the WSJ opinion piece.  Have not been able to find any other corroborating reporting regarding this TIGTA audit. So, take this analysis with a grain of salt.  


But here's the real enemy of the people. Finally . . .
"IRS Crackdown on Millionaires Who Don’t File Begins"
https://finance.yahoo.com/news/irs-crackdown-millionaires-don-t-234909229.html
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111
  |     |   672 posts since 2019
Did anyone really expect that it would be much different? After all, as the 2nd article says, "Correspondence audits and other audits on low- and middle-income earners are simply the easiest to conduct. The IRS has historically spent an awful lot of time targeting these groups, not monied tax dodgers who can hire teams of accountants, so why would this time be different?" So, we'll see a small number of showcase audits, lots of IRS salary increases, but little real change in who they target.

Biden's claim that all the billions for his "new IRS" would enable it to pursue "millionaires and billionaires" were nothing but fodder for his left-wing base. After all, many of his donors are millionaires and billionaires. We saw this just days ago at the "three presidents" dog and pony show. (Actually it was 1 dog, 1 pony and 1 walking vegetable.)
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milty
  |     |   1,689 posts since 2018
Read all about the billionaires buying into Truth Social, including a relation to Smirnov, who's been arrested for lying about the Bidens. Good thing the IRS has the funding because boy do we need them and the SEC to look into this money laundering, insider trading, tax evasion scam. It's like Diller said about DJT,

"I mean, it’s ridiculous," Barry Diller, chairman of holdings company IAC and Expedia, told CNBC on Thursday. "The company has no revenue."
"It’s a scam, just like everything [Trump's] ever been involved in is some sort of con," he added.

https://finance.yahoo.com/news/trump-seethes-truth-socials-stock-173630276.html
https://www.theguardian.com/us-news/2024/apr/03/trump-media-es-family-trust-2022-loans
"Two billionaires, a wealthy election denier and a mysterious Russia-linked trust invested in the Trump company long before it went public."
https://www.nytimes.com/2024/04/05/business/trump-media-backers-investors.html
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happyharold4
  |     |   392 posts since 2022
You would think that with 83,000 more staff they could at lease educate a few to answer basic questions. Also they are still saying 60 days to 6 months for them to acknowledge even the simplest mail in returns. They are teaching the new staff to just read to you from a format whether it is relevant to your question or not---I've had to hang up on several of them in hopes of getting a more seasoned CS person.
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