It’s The Culture Of The IRS To Target
The Most Vulnerable Taxpayers
Issues & Insights,
by
Daniel Savickas
Original Article
Posted By: RockyTCB,
8/18/2022 11:23:45 AM
President Joe Biden signed the inappropriately named “Inflation Reduction Act” last Friday. Aside from the fact that even non-partisan analyses show the bill will have a negligible impact on actual inflation, one specific provision is raising red flags. In the plan, the Internal Revenue Service gets a fresh $80 billion in funding, with $45.6 billion of that slated for “enforcement” measures. This will involve the hiring of more than 87,000 new IRS agents. If past is prologue, it’s reasonable to expect this spells bad news for lower-income Americans.
The Congressional Budget Office estimates this new investment in the IRS will generate
Reply 1 - Posted by:
Chiritwo 8/18/2022 11:40:30 AM (No. 1252159)
Why is this rogue regime getting away with gestapo like behavior?
11 people like this.
Reply 2 - Posted by:
Quigley 8/18/2022 11:51:56 AM (No. 1252173)
Several decades ago i was a young lawyer and got audited. I went to the IRS at the appointed time and sat at the agent’s desk in a large room filled with such agents and desks.
At the next desk was an older black lady also being audited. I could hear her explaining to the agent something about how she rides the bus everyday to clean houses.
Some audit, huh? I came out clean.
6 people like this.
Reply 3 - Posted by:
Solid_Oak 8/18/2022 11:53:42 AM (No. 1252175)
The 87,000 new IRS agents has nothing to do with bringing in more money, or cracking down on rich people. It has everything to do with establishing a massive capability to go after the enemies of Obama and his Marxist followers. It's the Loris Lerner treatment on steroids. You can expect an audit and other forms of harassment if you:
- Contribute to the Republican Party.
- Contribute to a Republican.
- Are the NRA.
- Are the Tea Party.
- Are a conservative publication.
- Attend a Trump rally and they find out who you are (with the help of FBI).
- If your corporation is not woke enough.
You get the picture. Conservative organizations and businesses will go broke - contributions to the Republican Party and conservative causes will disappear because contributors will stop making contributions.
13 people like this.
Reply 4 - Posted by:
Fasteddie 8/18/2022 12:06:48 PM (No. 1252185)
#3 -- As they work their way down the list, eventually they will get to "anybody who voted for a Republican", which is when they really will start making an impact.
You didn't think that the "secret ballot" was really "secret", did you?
7 people like this.
Reply 5 - Posted by:
DVC 8/18/2022 12:13:54 PM (No. 1252193)
If you are stupid, and most IRS employees are, and if you are lazy, and most IRS employees, are....who do you go after a rich guy who will show up with four super smart accountants and two lawyers to AT LEAST work you to a frazzle, and probably beat you to any "winnings" with proper documentation, superior understanding of the laws and rules.....or some poor schlub who will show up with a grocery sack of cash register receipts and his old tax forms and try to puzzle it out, while being terrified of you and not having much of an idea of accounting or the law
Sh** runs downhill, always.
10 people like this.
Reply 6 - Posted by:
GirlwithaCurl 8/18/2022 12:15:15 PM (No. 1252194)
They will throw in a couple of Biden voters to lessen the partisan politics, but these IRS troops are being formed to get the MAGA voters.
5 people like this.
Reply 7 - Posted by:
jimincalif 8/18/2022 12:35:01 PM (No. 1252222)
As a tax practitioner for over 40 years, I concur with this author.
2 people like this.
Reply 8 - Posted by:
padiva 8/18/2022 12:35:16 PM (No. 1252223)
Yup. The IRS is after me for my 2020 adjusted return. My accountant is communicating with them as my POA. Plan B is to call my LegalShield law firm. I will prevail!
3 people like this.
Reply 9 - Posted by:
brownshoepogue 8/18/2022 12:41:02 PM (No. 1252230)
If they came out and stated that they will finally go after those who “work under the table” or “work off the books” then maybe there is a little bit of a silver lining to this IRS expansion.
Free riders work off the books IOT pay No taxes, yet who want and get freebees from state n federal tax payers need to pay their “fair share.”
1 person likes this.
Reply 10 - Posted by:
DVC 8/18/2022 12:51:19 PM (No. 1252242)
FTA:
"According to IRS audit data, the most frequently audited county in the United States is Humphreys County, Mississippi. This rural county near the Mississippi Delta is known for catfish farming and has an average income of $18,000 per resident, making it among the poorest in the nation. Yet, Humphreys’ residents get audited far more often than those in cities such as New York, Chicago, or Los Angeles."
This fits precisely with my comment #5, above. They are stupid and lazy and look for people who will be easy to rip off and scare, not folks who have brains, and likely accountants.
4 people like this.
Reply 11 - Posted by:
zoidberg 8/18/2022 1:00:24 PM (No. 1252260)
Bullies always target the weakest.
3 people like this.
Reply 12 - Posted by:
mc squared 8/18/2022 1:17:42 PM (No. 1252286)
FTA: The Congressional Budget Office estimates this new investment in the IRS will generate an additional $203.7 billion over the next 10 years. 2 billion/ year.
That's less than 1/3 the cost of Inflation Reduction Act Numbnuts signed this week. So where's the payoff?
2 people like this.
Reply 13 - Posted by:
mc squared 8/18/2022 1:19:18 PM (No. 1252290)
Re my post 12. Sorry: 20 billion. The computer made a 'misteak'
1 person likes this.
Reply 14 - Posted by:
Venturer 8/18/2022 1:19:52 PM (No. 1252291)
If you spend 40 Billion dollars to hire enough people to collect 20 billion dollars , what kind of math is that?
4 people like this.
Reply 15 - Posted by:
Starboard_side 8/18/2022 1:43:52 PM (No. 1252329)
And doubtful the GOP will make much of this part and the impact on those making under $400,000 per year.
Particularly if you sell things on the side, do side work on a Saturday or Sunday, etc...
2 people like this.
Reply 16 - Posted by:
JHHolliday 8/18/2022 1:48:02 PM (No. 1252336)
#5 has it right. They are going after your landscape guy, small contractors working for cash, etc. These are people they can scare with a letter. They write Juan a letter that scares him into just paying up the additional they "estimate" he owes them. They also like to go after a high profile figure like Leona Helmsley, etc. during filing seasons to show the peasants that they go after everybody. They don't. They will go after people that they can intimidate.
3 people like this.
Reply 17 - Posted by:
brownshoepogue 8/18/2022 2:45:37 PM (No. 1252404)
I apologize in advance for second posting:
The US is/was one of those nations where there is/was a high degree of compliance with the tax law. IMO, the fat cat investor who willfully defrauds (does not declare taxable income, etc) is in the same (legal and ethical) category as the freeloader who works under the table and fails to declare that taxable income. At least the fat cat pays for their own medical, dental, food, phones, internet etc. as opposed to the freeloader who receives Medicaid, cobra medical coverage, welfare, food stamps, free cell phones, internet, and much more.
Add up all the free stuff (honest taxpayer provided goodies) benefits, calculate the overall value in dollars of those, and then add onto it the amount of "under the table" revenue, and wow and ouch! It is a lot more than one might imagine. It is especially irksome when some questionable SSDI recipients receive their monthly funny money, get all of the above benefits AND work under the table.
Tax scammers are scammers ..regardless of economic status. Maybe a "Fair Tax" system where Everyone pays some tax should have been seriously considered. But then again, those (rich or "poor") would probably be against that...they would actually have to pay their "Fair Share."
3 people like this.
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