(no title)
bilekas | 5 days ago
When you see a government doing this, you know they're not interested in collecting Tax from their rich buddies.
This case will sit in limbo for 20x years.
bilekas | 5 days ago
When you see a government doing this, you know they're not interested in collecting Tax from their rich buddies.
This case will sit in limbo for 20x years.
mothballed|5 days ago
The above might be a salient point, but as for the 1/4 auditors lost and the rest:
The low income (under 25k) with EITC, were the largest audited group with 298,485 of 626,204 audits performed in 2022. The rest of those earning under 200k had 250,391 audits.[] 48% of audits were under 25k income w/ EITC. 87% of audits were people under 200k income.
Kind of interferes with the idea these audits were all about going after the "rich buddies." They were way more about going after the poor than they were about going after the rich.
[] IRS management audit reports obtained via FOIA by via TRAC / https://tracreports.org/reports/706/
hnburnsy|5 days ago
orwin|5 days ago
In fact my first college side-job was exactly that, responding to taxpayers who were "caught" by the automated system and needed a payment delay.
jcarreiro|5 days ago
Of course, it may not make sense to select returns uniformly at random for audits...
idontwantthis|5 days ago
mikestew|5 days ago
I think you misread the parent comment, who said exactly the opposite.
yellow_lead|5 days ago
InkCanon|5 days ago
kgwxd|5 days ago
bilekas|5 days ago
lenerdenator|5 days ago
Which would suggest that perhaps that level of wealth doesn't need to exist in our society.
tempodox|5 days ago
But then the inquisition arrives saying this is socialism or whatever.
themafia|4 days ago
Right.. because.. they're busy trading favors with them. It's abuse of the public coffers.
0xy|5 days ago
More agents = more middle class shake downs.
63% of the IRS' audits under the Biden admin targeted those earning sub-$200K.
People earning $25K a year are MORE likely to be audited than those earning $200K, too.
adolph|5 days ago
In 2022 92.3% of filers reported income of less than $200K [0]. An audit rate of 63% is lower than what one would expect if audit-attracting behavior was evenly distributed across the population.
0. https://www.irs.gov/statistics/soi-tax-stats-individual-stat...
reactordev|5 days ago
up2isomorphism|5 days ago
kccqzy|5 days ago
loeg|5 days ago
You're saying auditing megacorps is hard, but somehow more staff won't help? I don't buy it.
spiderfarmer|5 days ago
p_j_w|5 days ago
tempodox|5 days ago
wiml|5 days ago
kgwxd|5 days ago