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The IRS Is Using AI to Target the Ultra-Wealthy for Tax Violations (gizmodo.com)

submitted 10 months ago by [email protected] to c/[email protected]

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The IRS Is Using AI to Target the Ultra-Wealthy for Tax Violations::The agency is adding AI tools to identify taxpayers who make $1 million and up, and have more than $250,000 in tax evasion.

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[-] [email protected] 18 points 10 months ago* (last edited 10 months ago)

Whatever world you live in where a million dollars income in one tax year is not considered ultra wealthy is dumb

[-] [email protected] 1 points 10 months ago

It's a ton don't get me wrong but I've had clients who regularly make $50 million + annually on average. They spend a million bucks a year on household employees alone. Different world up there.

this post was submitted on 10 Sep 2023

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