Discussion: Taxes and Taxation

[Teelie]

All that money infused into the economy so millionaires can become billionaires. The poor keep getting poor, the rich keep getting richer.

 

[MagnarTheGreat]

Atlantic City Casinos Pled Poverty to Get a Huge Tax Break — ProPublica

 

[MessiahDecoy123]

Atlantic City Casinos Pled Poverty to Get a Huge Tax Break — ProPublica

Looks like they robbed people twice.

 

[MagnarTheGreat]

 

[Teelie]

Exactly how Republicans want it.

 

[MagnarTheGreat]

TV Line - 'Chrisley Knows Best' Stars Convicted on Federal Bank Fraud and Tax Evasion Charges, Face 30 Years in Prison

 

[Lily Adler]

Bernie Sanders, Elizabeth Warren, and other Democrats want to pay retirees an additional $2,400 in their Social Security checks — by raising taxes on the richest Americans

 

[MagnarTheGreat]

The IRS Is Increasing the Mileage Rate for the Rest of 2022 to Combat High Gas Prices

 

[MagnarTheGreat]

Fed report finds 75% of $800 billion Paycheck Protection Program didn't reach employees

Taxpayers paid $4 for every $1 in wages and benefits received by workers in jobs saved by the federal government’s pandemic Paycheck Protection Program (PPP), according to a new study by the Federal Reserve Bank of St. Louis.

 

[MagnarTheGreat]

CNN - [Treasury Secretary] Yellen directs IRS not to use new funding to increase chances of audits of Americans making less than $400,000

NY Times - Yellen Directs I.R.S. to Embark on $80 Billion Overhaul Plan

The Guardian - Armed ... auditors? The IRS becomes the latest target of GOP misinformation

Reuters - Republicans call it an 'army' but IRS hires will replace retirees, do IT, says Treasury

The IRS has a backlog of tens of millions of people's tax returns not reviewed yet because their total staff - like pretty much every aspect of government - has never kept pace with the growing population of the United States. You have to increase the size of government or else it's shrinking by default relative to the size of the population. Of course cons like it that way and making even the most basic aspects of government less effective.

 

[MagnarTheGreat]

Reuters - U.S. IRS launches security review after threats, misinformation on social media

 

[MagnarTheGreat]

Johnson County sheriff threatens to deploy 'army' of deputies against IRS agents - Kansas Reflector

 

[squeekness]

Johnson County sheriff threatens to deploy 'army' of deputies against IRS agents - Kansas Reflector

I didn't know IRS agents did house calls.

 

[MagnarTheGreat]

 

[MagnarTheGreat]

Thread by @jburnmurdoch on Thread Reader App

 

[MagnarTheGreat]

 

[MagnarTheGreat]

The Washington Post - You can keep more money from the IRS next year, thanks to inflation
Automatic annual adjustments mean higher thresholds for income tax brackets and a heftier standard deduction

 

[MagnarTheGreat]

 

[squeekness]

Because the worker slaves don't mean anything.

 

[Iceman]

Those with no money worries during the crisis need to have their bonuses protected at all costs.

 

[MagnarTheGreat]

MarketWatch - IRS has been missing out on $500 billion in taxes owed annually — and the gap between what's owed and paid is projected to widen

 

[squeekness]

MarketWatch - IRS has been missing out on $500 billion in taxes owed annually — and the gap between what's owed and paid is projected to widen

We could get a lot more done with that money.

 

[Iceman]

Getting a decent chunk of that could fund a lot of things that are much needed.

 

[MagnarTheGreat]

NBC News - Ohio ‘Boogaloo Boi’ arrested after allegedly threatening to 'blow up the IRS' and kill federal agents, FBI says

 

[MagnarTheGreat]

Zuckerberg (and others) is collecting everyone’s tax filings.

Meta Has Been Lapping Up User’s Financial Info Sent Directly from Tax Filing Sites

Meta and Google says it’s not their fault that tax filer companies send them their documents with their tools that THEY made.