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I hate the IRS 😡😡😡 (lemmy.ml)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 2 months ago (1 children)

But ... It's an increase, right?

Are we okay with incremental improvements, or will only big bang headline news story type improvements be okay?

[–] [email protected] 1 points 2 months ago

Is it an increase? The article @macattack cited does not give any data on how much the IRS collected from high-income earners before this additional push supposedly funded by the Inflation Reduction Act. The article does mention that Republicans in congress recently rescinded more than $20 billion in additional IRS funding, which does suggest that the net benefit was far less than $1.3 billion and might even have been negative. It seems like the kind of breathless article the impact of which relies on people not well understanding the difference between a billion and a trillion.