222
The IRS could recover $12 for every $1 spent on scrutinizing the ultra-wealthy's taxes
(www.businessinsider.com)
this post was submitted on 20 Jun 2023
222 points (99.6% liked)
United States | News & Politics
1934 readers
221 users here now
Welcome to [email protected], where you can share and converse about the different things happening all over/about the United States.
If you’re interested in participating, please subscribe.
Rules
Be respectful and civil. No racism/bigotry/hateful speech.
Post anything related to the United States.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
How much could they get if they seized 91% like we used to do back in the 50s?
Tax rate doesn't make a difference if the IRS doesn't have the resources to look into their fuckery.
91% would help with that.
It wouldn't help with things like international tax havens, or shell corps, or creative accounting, the list goes on and on. It doesn't really matter what a single country does, it's a global issue that would require global cooperation to address.