ETA Lots of boot lickers here. IRS has admitted it’s just easier to audit the poor. Do they ever recover the money they go after, if it even exists? Who knows.
At least read the article. Literally the second sentence reads:
“The agency said that it is taking “urgent” steps to increase compliance such as auditing more high-income taxpayers as well as businesses and partnerships. “
It goes on later:
“ The IRS has said it won’t increase audits on households earning less than $400,000 annually.”
No. Why would they do that? There’s no money there. Poor people are on the hook for hardly any tax anyway. The people who cheat generally own companies or are self employed and often have access to cash. It happens a lot in small businesses. It’s a crime of opportunity. Hard to do it when tax is already deducted from your check before you get it. Easy when you can put yourself on the books for a modest salary and pocket a bunch of cash under the table.
*look for more audits for poor people.
ETA Lots of boot lickers here. IRS has admitted it’s just easier to audit the poor. Do they ever recover the money they go after, if it even exists? Who knows.
At least read the article. Literally the second sentence reads:
“The agency said that it is taking “urgent” steps to increase compliance such as auditing more high-income taxpayers as well as businesses and partnerships. “
It goes on later:
“ The IRS has said it won’t increase audits on households earning less than $400,000 annually.”
I did read it. Forgive me if I don’t take the word of the IRS to do the right thing.
No. Why would they do that? There’s no money there. Poor people are on the hook for hardly any tax anyway. The people who cheat generally own companies or are self employed and often have access to cash. It happens a lot in small businesses. It’s a crime of opportunity. Hard to do it when tax is already deducted from your check before you get it. Easy when you can put yourself on the books for a modest salary and pocket a bunch of cash under the table.
IRS: Let’s spend $10 million dollars investigating and prosecuting poor people so that we can get $5 out of them.
nothing wrong with auditing people that dont know how to manage money. newbie auditors have to learn somehow.
poors are an object lesson in what not to do.