New research finds that for each extra dollar the IRS spends auditing wealthy taxpayers, it can collect more than $12 in return.
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Operation Deimos
Apocalypse 3:2-3 (NIV) Curated by OverSoul |
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Scooped by
OverSoul
June 17, 2023 2:56 PM
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New research finds that for each extra dollar the IRS spends auditing wealthy taxpayers, it can collect more than $12 in return.
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OverSoul
April 15, 2023 11:24 PM
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Imagine investing $80 over a decade and getting a $180 return. Pretty good deal, right? Now multiply those figures by a billion dollars and you get an idea of how much American citizens will benefit from additional federal funds being allocated to the Internal Revenue Service.
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OverSoul
February 13, 2023 10:05 AM
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Republicans have complained that hiring more IRS agents means that more middle-class Americans will end up being audited. The IRS has instead said that they're struggling to go after the wealthiest taxpayers because it means a protracted legal battle and court fees.
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OverSoul
October 1, 2022 8:54 PM
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U.S. Sen. Joni Ernst loves to talk about “making them squeal” in Washington, D.C.
Frequently, the Iowa Republican will target an often-obscure part of the federal budget and complain about waste.
Lately, the Internal Revenue Service has been in her sights.
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OverSoul
May 29, 2020 8:54 PM
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'Dark money' groups are funneling millions into the 2020 election, and an IRS rule finalized this week will allow them to keep their donors secret.
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OverSoul
April 10, 2019 10:03 AM
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A bill supported by Democrats and Republicans would make permanent a program that bars the IRS from ever developing its own online tax filing service.
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OverSoul
April 9, 2019 11:10 AM
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In Congress, the legal fight for President Donald Trump’s tax returns is about to kick into high gear, with the House Ways and Means Committee invoking a federal law to instruct the IRS to hand over six years of the president’s taxes.
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OverSoul
February 10, 2019 2:02 PM
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Trump voters have taken to Twitter to express their outrage over the fact that they aren’t getting those lofty tax cuts that the Republicans promised them.When the legislation was passed, middle class and working class Americans were told that their taxes would go down starting in 2019, but so far...
It was only a matter of time until the vampire Republicans in the GOP leadership incurred the ire of their taxpaying, working class and middle-class constituents because nobody likes getting double-crossed. Nobody.
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OverSoul
March 23, 2016 10:15 AM
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We can’t know for sure what Trump might be hiding, but if anyone is in a position to offer an informed theory, it’s David Cay Johnston. Johnston won a Pulitzer Prize working the tax beat for the New York Times and authored the seminal book, Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super-Rich–and Cheat Everybody Else.
