Biden aims to recoup over $700 billion in unpaid taxes by beefing up the I.R.S.

Althea said:
I would say that all billionaires are right wingers who don't want to pay taxes. There are millions of right wingers who are paupers who vote against their own best interests.
Click to expand...

they're coming for you, not billionires.

there's a big club, and you ain't in it.-- carlin
 
Althea said:
An estimated $1 trillion/year is lost due to tax avoidance. Ironically, the IRS is more apt to audit some lower middle class person in Mississippi, than a billionaire who pays millions to an accountant to avoid taxes.

If trumpkins don't believe in tax hikes to fund infrastructure, they should be happy to force everyone to pay current rates.
Click to expand...

Tax avoidance is not illegal. It is every Americans duty to pay as little taxes as possible.
 
dukkha said:
20 Gig Economy Jobs to Make Some Extra Income
https://www.careeraddict.com/gig-economy-jobs

best gigs
https://www.wgu.edu/blog/what-are-best-gig-economy-jobs-apps1907.html#close
Click to expand...

The GC I do stuff for (General Contractor) invited me to beers after looking at a job this afternoon. It's a four plex from the 30's that needs serious electrical work. I estimated about $2500 per unit (4 units) in cost. While at the dive bar over beers I got two additional side jobs to fix electrical problems... ChaChing! And, the weird part is I really don't need the money...
 
BidenPresident said:
President Biden is expected to propose giving the Internal Revenue Service an extra $80 billion and more authority over the next 10 years as he looks for ways to raise money to pay for his economic agenda, according to two people familiar with the plan.

Mr. Biden is expected to propose beefing up the I.R.S. to crack down on individuals and corporations that evade paying federal taxes. He will use the recouped tax funds to help pay for the cost of his American Families Plan, which he will detail before addressing a joint session of Congress on Wednesday.

https://www.nytimes.com/live/2021/04/27/us/biden-news-today#biden-IRS-taxes
Click to expand...

Mr. Biden is expected to propose beefing up the I.R.S. to crack down on individuals and corporations that evade paying federal taxes. He will use the recouped tax funds to help pay for the cost of his American Families Plan, which he will detail before addressing a joint session of Congress on Wednesday." Also in this long overdue effort to defend the legitimacy and integrity of the IRS is for tRump and his criminal family to be on notice in the crack down as a long time and over due tax cheating atrocity that has gone unchecked. This until hopefully in due time this tRump family of tax evading and cheating criminals will get the type of justice served on them they deserve.
 
2019

The Internal Revenue Service issued a six-year plan Thursday for updating and modernizing its information technology systems, some of which date back to the Kennedy administration, in an effort to improve taxpayer service and beef up cybersecurity.

The IRS has made previous efforts to update its aging computer systems, but has been constrained by budget cuts and staffing reductions, while also struggling to keep up with new mandates and legislation like the Tax Cuts and Jobs Act of 2017. However, the agency hopes to modernize its IT infrastructure to better protect taxpayer data and aid the tax community.

“Modernized systems are the key component to delivering quality service to taxpayers, providing efficient and robust enforcement activities and keeping taxpayer data secure,” said IRS Commissioner Chuck Rettig in a statement Thursday. “Our modernization plan includes multiple milestones and levels of accountability to ensure it is implemented efficiently and effectively. The integrity of our nation’s tax system depends on modernizing IRS operations and the supporting technical pieces. We look forward to working with Congress to implement this plan.”
Click to expand...
https://www.accountingtoday.com/news/irs-releases-6-year-plan-to-modernize-aging-computer-systems

The IRS has long been run like Amtrak and just about everything else in Washington....poory.
 
BidenPresident said:
President Biden is expected to propose giving the Internal Revenue Service an extra $80 billion and more authority over the next 10 years as he looks for ways to raise money to pay for his economic agenda, according to two people familiar with the plan.

Mr. Biden is expected to propose beefing up the I.R.S. to crack down on individuals and corporations that evade paying federal taxes. He will use the recouped tax funds to help pay for the cost of his American Families Plan, which he will detail before addressing a joint session of Congress on Wednesday.

https://www.nytimes.com/live/2021/04/27/us/biden-news-today#biden-IRS-taxes
Click to expand...

Ahh, hope springs eternal!
 
Sailor said:
Tax avoidance is not illegal. It is every Americans duty to pay as little taxes as possible.
Click to expand...

SloJo is printing money day and night, only now he's worrying about how it's going to be paid back!! I am getting the same feeling I had in 2005/6, so we'll see if
the Dodd-Frank Act will do anything, somehow I doubt it. It did precious little to address one of the major causes of the Great Recession, which was the housing bubble and collapse of the subprime mortgage market.

https://thehill.com/opinion/finance/508272-the-truth-about-the-dodd-frank-act
 
Last edited:
Primavera said:
SloJo is printing money day and night, only now he's worrying about how it's going to be paid back!! I am getting the same feeling I had in 2005/6, so we'll see if
Dodd Frank Act will do anything somehow I doubt it. It did precious little to address one of the major causes of the Great Recession, which was the housing bubble and collapse of the subprime mortgage market.
Click to expand...

So how much do you pay in pimping tax to the Thai government
 
You must log in or register to reply here.
Back
Top