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Why do Republicans value rich tax cheats so much?"

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Why do Republicans value rich tax cheats so much?"

Postby GaryDenton on Fri Jan 12, 2024 8:25 pm

The IRS said with the latest Democratic-sponsored funds it has now collected a total of more than $520 million through the new initiatives aimed at furthering scrutiny of the income tax filings of high-income individuals, large corporations, and complex partnerships that have allowed it to improve taxing enforcement.

Republicans, not caring about the deficit, have proposed massive IRS funding cuts to stop picking on the rich tax cheats. I thought they pretend to care about the deficit and it looks like they will increase it by over $100 billion through massive cuts to the IRS.

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The IRS said last fall it deployed more than 900 revenue officers as it began contacting about 1,600 new taxpayers that met that criteria, owing hundreds of millions of dollars in taxes

The agency added it also offered positions to more than 560 new accountants in November and December to pursue such cases.

In July, the IRS said its early enforcement of high-income tax evaders built momentum for the current back tax haul, where some have been sentenced for tax evasion, money laundering and filing false tax reports.
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Re: Why do Republicans value rich tax cheats so much?"

Postby KoolBak on Sat Jan 13, 2024 7:16 am

Partnerships do not pay taxes.

If yer gonna point fingers, get yer facts straight, dork
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riskllama wrote:Koolbak wins this thread.
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