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I wonder, given the whole equal protection thing….

Could we sue the IRS for damages? I mean, this is the fed government’s revenue. Them running out of money…. And running up the debt affects us negatively….

For some reason? They're just looking out for their future self. Any day now they too will be millionaires. Any day...

It's just millionaires they are going after. If you get upset about this, clearly you don't think you have what it takes to become a billionaire.

No. They're just going to do it to people who have exactly 1 million dollars.

They won't go after those from fear or being defunded further..

Conservative's are agreeing to go after millionaires just to anger their base, the poor who think they'd be millionaires if it wasn't for all this "socialism".

There's surely a name for when people react with disdain to even the slightest move in the right direction.

"Should have done it earlier" "Not enough" "It'll probably get shot down in court" "Why bother"

and 75 large business partnerships that have assets of roughly $10 billion on average are targeted for the new "compliance efforts."

From the article.

Anyway, I think billionaires are millionaires. Have to be to have billions. Which is to say, I doubt they're not targeting billionaires too and that I'm thankful that AI will help the IRS keep the rich accountable.

how is it any different from now, when they come after us and NOT the rich? Like we never stopped getting policed that was rich privilege only, and only because of the complicated tax structures that open up to you once you start a business that has some cash throughput

total fear-mongering like you say

Okay. Audit me. I have W-2 wages and take a standard deduction. Like why are every day people afraid of being audited.

I love that Republicans seem to have fully embraced a fear campaign based in the idea that if the rich can be forced to obey the law that yOu mIghT bE nExT as though they aren't also the people who gave police broad, sweeping powers to kick in our doors for any or no reason, to seize our money and then make us prove that we didn't commit crimes to get it, to engage in warrantless mass surveillance, to establish huge swaths of America where the 4th amendment just doesn't count if you "look like an illegal immigrant", to establish fetus checkpoints at state borders, to make a dog's opinion legally admissible in court if and only if that dog thinks you've committed a crime, and they're trying to let the police into your bedroom to make sure you're fucking correctly (in a cishet christian way).

We who have been overpoliced our entire lives know what they mean when they say "they might come for you next". They mean that the police might overstep their bounds as thieftakers and thugs to keep the minorities in line and start coming for Real Americans (cishet white men) just because of a few little felonies.

Love the fear mongering for something that A) already happens, B) shouldn't be an issue for people that are in the up and up and C) should be music to the ears of members of the "law and order" party.

My spouse works for compliance and usually you are given a chance to right everything before it goes as far as being audited. Like you said, mostly administrative issues is taken care at the first level and it’s no biggie.

So if someone is being audited something is already very wrong and the first level folks have sent the case to audits or even criminal investigations.

My issue with the taxman is that they have created and continue to allow those complications which only the rich can use, and therefore are elitist rules.

I wish the feds would/could go back to a basic tax structure based on wealth/income alone ... where there's nowhere for the rich to hide.

I'm glad you're here! We need more people than just tech people lol.

Deeply appreciate you taking time out of your day to write an opinion on this (career related) news!:) you're doing your part.jpeg

This guy accounts

Announced? It's been in full swing for ages.

https://www.cnn.com/2023/01/23/politics/irs-fair-tax-republicans-abolish/index.html

I heard an interview about this new effort. IRS agents used to be rewarded by case count. It's much easier to audit people who earn salaries because you know exactly what they earned from employers' reports. Rich people often have many sources of income that take time to investigate. Agents audit normal folks because it's easy while the rich lie and get away with it.

The goal with this effort has been to change the incentive structure for agents to get the most money.

The more money a person makes, the more incentive and capability they have to design and structure their income, especially if they are a business owner or have customers overseas, and thus they have more opportunities to avoid doing the things that cause one to be taxed.

Also some are cheaters and just don't pay what they owe.

Because the IRS has continuously had its budget cut, most extensively under Trump

https://www.propublica.org/article/how-the-irs-was-gutted

If Wesley Snipes can do time for not paying taxes, so can some of these other millionaires.