Biden’s Supersized IRS Will Spread Out More Audits For White People, Incoming Commissioner Promises

[Concerned American]

Oh gosh...it's almost as though the IRS would need a massive increase of new hires to catch the tax cheats?

Oh wait....mission accomplished eh?

Didn't this congress pass a resolution to defund those 87K agents? U.S. House passes bill to defund 'army' of 87,000 new IRS agents

 

[EvilEyeFleegle]

Oh gee, it's almost as if the IRS didn't go after right leaning organizations less than a decade ago during the Obama era.

How dare I besmirch their impeccable reputation.

But I'm sure if we shovel more money at 'em, we'll receive stellar results.

Kinda like the Dept. of Transportation...

This has what to do with the topic again? Dept. of Transportation? Obama?

Looks like another deflection...still waiting for you to tell me how the IRS is to target all these White taxpayers...when they don't even know if they're white?

 

[g5000]

Oh gee, it's almost as if the IRS didn't go after right leaning organizations less than a decade ago during the Obama era.

Wow. You still bleev that hoax!?!

 

[EvilEyeFleegle]

Didn't this congress pass a resolution to defund those 87K agents? U.S. House passes bill to defund 'army' of 87,000 new IRS agents

Yeah..totally moot Kabuki though. There would have to be a bill...passed by both the House and Senate..and signed by Biden...what exactly do you think the odds of that are?

Last line of link:

This victory for Republicans in the House will likely become symbolic as the bill has little chance of making it through a Democrat-controlled U.S. Senate or passing President Joe Biden's Desk.

 

[Concerned American]

Yeah..totally moot Kabuki though. There would have to be a bill...passed by both the House and Senate..and signed by Biden...what exactly do you think the odds of that are?

Last line of link:

This victory for Republicans in the House will likely become symbolic as the bill has little chance of making it through a Democrat-controlled U.S. Senate or passing President Joe Biden's Desk.

That could be carried on and on and on--like anything in gov't there are work arounds. Fetterman is not capable of a vote...dems won't allow it to reach the floor of the senate for a vote and on and on. It boils down to the same crap we've seen for 30 years. Bottom line congress will do NOTHING for the American people.

 

[EvilEyeFleegle]

That could be carried on and on and on--like anything in gov't there are work arounds. Fetterman is not capable of a vote...dems won't allow it to reach the floor of the senate for a vote and on and on. It boils down to the same crap we've seen for 30 years. Bottom line congress will do NOTHING for the American people.

One could argue that passing the bill that allowed the hiring of 87,000 additional IRS personnel to catch rich tax cheats IS doing something for the American people.
Just sayin'~

 

[Concerned American]

One could argue that passing the bill that allowed the hiring of 87,000 additional IRS personnel to catch rich tax cheats IS doing something for the American people.
Just sayin'~

Do you really think it take 87K agents to audit Gates, Bezos, Zuckerberg, Buffett, Musk, Trump etc, etc. They are all under continuous audit as it is.

 

[EvilEyeFleegle]

Do you really think it take 87K agents to audit Gates, Bezos, Zuckerberg, Buffett, Musk, Trump etc, etc. They are all under continuous audit as it is.

Top 10% is quite few people..millions in fact--GAO thinks the US treasury will net hundreds of billions of dollars.
This is a great summary of it all...The Kiplinger Report..non-partisan and usually factual:

Are 87,000 New IRS Agents Coming for Your Tax Dollars?

New IRS agents and IRS audits are in the news because of a GOP pledge to abolish the IRS and repeal $80 billion in funding for the agency.

www.kiplinger.com

Ultimately though, the IRS wants to close an estimated $600 billion “tax gap.” (The tax gap is the difference between what people owe in taxes and what they actually pay.) To do that, the agency plans to focus on high-earners, large corporations, and complex partnerships. That’s potentially good news if you’re a household making less than $400,000 a year or a small business.
But, if you are wealthy, you could see some increased audit activity in the coming years. Although, it’s hard to know what higher audit rates will look like, partly because IRS audit rates have historically been low.

 

[g5000]

Do you really think it take 87K agents to audit Gates, Bezos, Zuckerberg, Buffett, Musk, Trump etc, etc. They are all under continuous audit as it is.

No they aren't. You've been hoaxed again!

There are a quarter of a million people who earn over a million dollars a year. Only about seven thousand are audited each year.

Biden's plan targets those who earn above $400,000 a year.

 

[Concerned American]

Top 10% is quite few people..millions in fact--GAO thinks the US treasury will net hundreds of billions of dollars.
This is a great summary of it all...The Kiplinger Report..non-partisan and usually factual:

Are 87,000 New IRS Agents Coming for Your Tax Dollars?

New IRS agents and IRS audits are in the news because of a GOP pledge to abolish the IRS and repeal $80 billion in funding for the agency.

www.kiplinger.com

Ultimately though, the IRS wants to close an estimated $600 billion “tax gap.” (The tax gap is the difference between what people owe in taxes and what they actually pay.) To do that, the agency plans to focus on high-earners, large corporations, and complex partnerships. That’s potentially good news if you’re a household making less than $400,000 a year or a small business.
But, if you are wealthy, you could see some increased audit activity in the coming years. Although, it’s hard to know what higher audit rates will look like, partly because IRS audit rates have historically been low.

I think the money would be better spent in controlling out of control government over spending. Like billions to Ukraine, millions to gender studies in Pakistan and millions to the Kennedy center for the arts. All of this is nothing but pure PORK and it doesn't even scrape the surface. Next up would be congressional tax cheats.

 

[EvilEyeFleegle]

I think the money would be better spent in controlling out of control government over spending. Like billions to Ukraine, millions to gender studies in Pakistan and millions to the Kennedy center for the arts. All of this is nothing but pure PORK and it doesn't even scrape the surface. Next up would be congressional tax cheats.

Yeah...all worthy enterprises, to be sure. But 8 to 1 return on the investment...is pretty good. If our govt. is going to spend...and it's going to spend, we all know this--might as well actually try to up our income. It's just common sense, right?


LOL..those dang gender studies..they do chafe a Cons hide eh?

 

[candycorn]

never happened.

 

[RhodyPatriot]

This has what to do with the topic again? Dept. of Transportation? Obama?

Looks like another deflection

Yes, because talking about the superfluous, debauched wasteful spending on govt. programs is complete "deflection" if you zoom out for context.

Lemme guess, high school debate team champ?

 

[Concerned American]

Yeah...all worthy enterprises, to be sure. But 8 to 1 return on the investment...is pretty good. If our govt. is going to spend...and it's going to spend, we all know this--might as well actually try to up our income. It's just common sense, right?


LOL..those dang gender studies..they do chafe a Cons hide eh?

Naw, stealing trillions of dollars chafes my hide.

 

[hadit]

Absolutely nowhere in this statement does it say more White people will be audited. The OP is based on an erroneous assumption that the statement 'more equitable' automatically means more white people to be audited..even though the same article states that the IRS has not a clue as to whether or not a tax return if filed by a white person or black, as race is entirely omitted from the return!

One alternative is that the algorithm is adjusted allowing more unaudited EIC returns to flow through the system...thus reducing the number of Black taxpayer audits.
But in no way is the assumption that more of ANY race is going to be audited correct..or even supportable.

Of course, one might ask what the racial makeup is of the top 10% is...and if increasing scrutiny on those people will also increase the number of white taxpayer audits--as a coincidental by-product.

Articles like this amuse me...as a simple forensic reading will show that their allegations are unsubstantiated--based on bald assumption and published with the sole intent of ginning up partisan outrage.

IOW--click-bait.

Isn't it a racist assumption that allowing more unaudited EIC returns would reduce the number of black taxpayer audits?

 

[EvilEyeFleegle]

Isn't it a racist assumption that allowing more unaudited EIC returns would reduce the number of black taxpayer audits?

Nope...just statistics.

 

[RhodyPatriot]

Nope...just statistics.

Fact check true.

And the article specifically addresses that:

It’s true that black filers receive audit notices at a higher rate than non-black filers. But that’s because black taxpayers claim certain lower-income tax credits, like the earned income tax credit or credits for single parents, at a higher rate. That often means a filer receives money from the government that he never paid into it. “When someone claims one of these tax credits, which are part of our country’s social safety net,” the study said, “they receive a refund amount even if they didn’t pay any taxes.” (The term “refund” here is inaccurate for money that was never given by a taxpayer.) These credits are most likely to instigate an audit purely based on an IRS algorithm.

Biden's IRS Commissioner Promises To Audit More White People

The only way to balance out this supposed injustice is for IRS agents to consciously target more non-blacks for audits.

thefederalist.com

And we come full circle.

 

[Mac-7]

Absolutely nowhere in this statement does it say more White people will be audited. The OP is based on an erroneous assumption that the statement 'more equitable' automatically means more white people to be audited..even though the same article states that the IRS has not a clue as to whether or not a tax return if filed by a white person or black, as race is entirely omitted from the return!

One alternative is that the algorithm is adjusted allowing more unaudited EIC returns to flow through the system...thus reducing the number of Black taxpayer audits.
But in no way is the assumption that more of ANY race is going to be audited correct..or even supportable.

Of course, one might ask what the racial makeup is of the top 10% is...and if increasing scrutiny on those people will also increase the number of white taxpayer audits--as a coincidental by-product.

Articles like this amuse me...as a simple forensic reading will show that their allegations are unsubstantiated--based on bald assumption and published with the sole intent of ginning up partisan outrage.

IOW--click-bait.

The IRS can stop auditing anyone claiming the unRarned Income Tax Credit

That is sure to let black people off the hook

 

[skews13]

But I thought the whole point of the additional 87,000 IRS agents being allocated to the already bloated leviathan that is the IRS, was to make sure those big bad billionaires paid their fair share?

Who knew that all this time the Dems were just gonna parlay our hard earned money into dividing us by race, pursuing certain filers due to their immutable characteristics?

This is what you get when you buy the commie grift.

Gotta love all that Diversity, Equity and Inclusion!

Biden's IRS Commissioner Promises To Audit More White People

The only way to balance out this supposed injustice is for IRS agents to consciously target more non-blacks for audits.

thefederalist.com

Wonder if any Lefties will ever learn the lesson.

No. Only rich white people that cheat on their taxes. Don’t cheat on your taxes, and the IRS won’t be coming after you.

 

[RhodyPatriot]

No. Only rich white people that cheat on their taxes. Don’t cheat on your taxes, and the IRS won’t be coming after you.

Except the IRS doesn't go after rich people.

IRS targeted poorest taxpayers while millionaires went mostly unscathed in 2022: report

Monthly IRS audit data analyzed by Syracuse University revealed that the lowest income bracket is five times more likely to face an audit than are the wealthiest taxpayers.

www.foxnews.com