Crime IRS’s Most Wanted - The Middle Class is Targeted by Joe Biden and the Democratic Party

Joe Biden lied repeatedly claiming the new IRS agents would not be used to target the Middle Class, which is exactly what is happening. It's just like you can keep your doctors and your plans. Lies by Democrats attacking the Middle Class is normal.
 
Whippy McGee said:
Joe Biden lied repeatedly claiming the new IRS agents would not be used to target the Middle Class, which is exactly what is happening. It's just like you can keep your doctors and your plans. Lies by Democrats attacking the Middle Class is normal.
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No, genius. The directive from the Treasury department was that the new funding wouldn't increase audit rates for people making less than $400K.
 
The XL said:
Pretty much everything being done is with the intention of destroying the middle class. Being targeted by the IRS, the nonstop devaluing of the dollar, the Covid lockdowns in 2020 and 2021, spending taxpayer money on illegals and foreign countries. You'll own nothing and be happy.
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Do you think this could be related to the Great Reset?
 
White Whale said:
The IRS always targeted middle class more than rich because the 1% have accountants and lawyers that can find every loophole to protect them.
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Again, this is just bad math. Individual rich people are much more likely to be audited than individual middle-class people, but there are many fewer rich people.
 
We know audits decreased overall in the past few years. For example in 2022,

Audit trends vary by taxpayer income. In recent years, IRS audited taxpayers with incomes below $25,000 and those with incomes of $500,000 or more at higher-than-average rates. But, audit rates have dropped for all income levels—with audit rates decreasing the most for taxpayers with incomes of $200,000 or more.

So if new audits have gone up, I would need to know if it has gone beyond the historic rates tl make any sense of it.
 
Limeade said:
We know audits decreased overall in the past few years. For example in 2022,

Audit trends vary by taxpayer income. In recent years, IRS audited taxpayers with incomes below $25,000 and those with incomes of $500,000 or more at higher-than-average rates. But, audit rates have dropped for all income levels—with audit rates decreasing the most for taxpayers with incomes of $200,000 or more.

So if new audits have gone up, I would need to know if it has gone beyond the historic rates tl make any sense of it.
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They haven't.

In fact actual audits are still way down from even just ten years ago. Like less than half.
 
nostradumbass said:
Well yeah, nobody actually believed they were arming IRS agents and going after venmo transactions to ensure "the rich pay their fair share". Rich people aren't hiding and funneling money through venmo, and they have accountants doing their taxes to use every loophole. The middle class were always the target.

Good news for dems is their voters will swallow a knife before ever admitting they got duped again and played like a bitch, and will just shift over to why the middle class need to be taken down a peg.
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It's a good thing you've got dumbass right there in your username. That way everyone knows not to take this silly shit seriously.
 
fedorthegoat777 said:
The wealthy have lawyers, trusts, multiple accounts, CPAs, and multiple corporations and llcs to dig through. They aren't touching that. The poor don't have money to take. Who else are they going to go after?
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The wealthy are audited at a *much* higher rate than the non-wealthy.
 
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Rational Poster said:
More actual info on the topic if anyone cares.

www.gao.gov

Tax Compliance: Trends of IRS Audit Rates and Results for Individual Taxpayers by Income

IRS audits individuals to verify if they accurately reported their taxes and, if they didn't, to determine if more taxes are owed. Audit trends vary...
www.gao.gov www.gao.gov
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Indeed,
"Internal Revenue Service (IRS) officials attributed this trend primarily to reduced staffing as a result of decreased funding. Audit rates decreased the most for taxpayers with incomes of $200,000 and above. According to IRS officials, these audits are generally more complex and require staff's review. Lower-income audits are generally more automated, allowing IRS to continue these audits even with fewer staff."

Now, who blocked additional funding for the IRS which prevents them from going after as many rich people, do you suppose?
 
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