this post was submitted on 08 Sep 2024
418 points (99.5% liked)

News

22851 readers
3457 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

The IRS said Friday that it has recovered $1.3 billion in unpaid taxes from high-income Americans who had either failed to file their returns or who hadn't fully paid what they owed. 

The announcement, made jointly with the U.S. Treasury Department, is aimed at highlighting the agency's ramped-up enforcement efforts against tax cheats, which have been funded under the 2022 Inflation Reduction Act. 

That IRS funding has proved controversial, with some Republican lawmakers falsely claiming the money would be used to hire 87,000 new IRS agents to "to audit Walmart shoppers."

top 34 comments
sorted by: hot top controversial new old
[–] [email protected] 1 points 5 days ago

So half an hour worth of ordonance in Ukraine AM I RIGHT? Jk, slava Ukraine ✊

[–] [email protected] 67 points 1 week ago (1 children)
[–] [email protected] 23 points 1 week ago (2 children)

Only if it’s followed by 10,000 more steps.

[–] [email protected] 25 points 1 week ago (1 children)

The longest journeys all start with the first step.

[–] [email protected] 12 points 1 week ago (1 children)

That’s a Laozi way to get my hopes up.

[–] [email protected] 4 points 1 week ago
[–] [email protected] 5 points 1 week ago (1 children)

10,000 steps to mastery. Then the real work begins (a couple 100,000 more).

[–] [email protected] 4 points 1 week ago

It definitely takes a lot of effort to get to those Outliers.

[–] [email protected] 45 points 1 week ago (1 children)

For all those that want to complain:

Go ahead and do something about it. Otherwise, swallow your catharsis for a moment and recognize that small and consistent steps yield the changes we need, and that there will be setbacks.

The trick then becomes dedication. Something, I should point out, we in the U.S. are really bad at.

[–] [email protected] 4 points 1 week ago

Keep that snowball rolling!

[–] [email protected] 27 points 1 week ago

Will they be charged and face jail time like Hunter Biden?

[–] [email protected] 24 points 1 week ago (2 children)

Now put those dollars to work for the people instead of throwing it directly into the military sector.

[–] [email protected] 12 points 1 week ago (1 children)

I hope more goes towards going after rich tax dodgers. The more you drain from them, the less resources they have to fuck up our government.

[–] [email protected] 4 points 1 week ago

Agreed. Just keep reinvesting the money back in

[–] [email protected] 1 points 1 week ago

That's not really how deficit spending works.

[–] [email protected] 21 points 1 week ago (2 children)

Those 21,000 taxpayers who have filed their taxes were the first to respond after the IRS reached out to alert them that they needed to file, according to a senior Treasury official who spoke on a conference call with reporters. The IRS is likely to recoup hundreds of millions more in new tax revenue from the remaining 104,000 people who still need to file, he said.

They were millionaires, not billionaires.

[–] [email protected] 26 points 1 week ago (1 children)

Millionaires who didn't pay their taxes.

Which is illegal.

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

Sure. My point is, they voluntarily complied, after receiving notices, and aren't the billionaires who can afford to fight it flee.

[–] [email protected] 12 points 1 week ago (2 children)

This is what is known as letting the perfect be the enemy of the good.

https://en.wikipedia.org/wiki/Perfect_is_the_enemy_of_good

[–] [email protected] 6 points 1 week ago

If you say so. I'm not mad or disappointed, just noticed. I'm glad they voluntarily complied. Saves taxpayers the cost of prosecution.

[–] [email protected] 6 points 1 week ago* (last edited 1 week ago) (1 children)

This is what is known as letting the perfect be the enemy of the good.

I disagree.

If @[email protected] had said "They were millionaires, not billionaires, so the IRS should stop pursuing it." THAT would be "perfect is the enemy of good".

Instead this is like:

A: "We cured cancer! Hurray!"

B: "Apparently we only cured Pink Eye. So, awesome on that as it reduces some human suffering, but we still need to keep working on curing cancer too."

[–] [email protected] 3 points 1 week ago
[–] [email protected] 8 points 1 week ago (2 children)

Does that somehow mean they’re not rich?

[–] [email protected] 11 points 1 week ago

They probably mean that we're still not targeting the right people. Well, all of the right people. Millionaires are definitely still on that list.

[–] [email protected] 6 points 1 week ago (1 children)

Side question. What is most people's definition of "rich" these days?

Is it:

  • a rich person can buy any car they want off an average car lot in cash

or

  • a rich person never has to work another day in their life
[–] [email protected] 4 points 1 week ago (1 children)

Obviously both can be true, depending on perspective. But being rich is a spectrum.

If you’re a poor studen, the 40 year old who can pay cash for a car but cannot retire still may seem rich but could very well be firmly middle class.

Someone in their 20s who never has to work is more likely to be considered rich by most anyone’s standards. But someone in their 70s who is living modestly in retirement would still meet your second definition but few would consider them actually rich.

I think using net worth is a better measuring stick. In the US someone worth more than $10m is almost certainly living very well off and most would consider them rich.

[–] [email protected] 3 points 1 week ago (1 children)

I agree with everything you said. However, your usage in your post didn't seem to speak to age or a sliding spectrum, but something more objective. It felt you had envisioned someone who was "rich" by your own definition. I was curious what kind of person/net worth you were thinking about when that was posted.

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

Well the $70,000 average recouped per person in this effort would certainly imply that those targeted are indeed “rich”, or at least high income.

[–] [email protected] 1 points 1 week ago (1 children)

Well the $70,000 average recouped per person in this effort would certainly imply that those targeted are indeed “rich”, or at least high income.

So an annual before tax income of $218,750 is considered rich then? (32% is the tax rate which would produce $70,000 tax liability in a single year). I understand this is purely subjective. There's no right or wrong answer. I appreciate you sharing your view.

[–] [email protected] 1 points 1 week ago

So an annual before tax income of $218,750 is considered rich then?

I mean, yeah? Kind of? I’d say it’s at least lower-upper class, which some people may consider rich. But, again, in my head rich is more about net worth, not income. Once someone’s investments are working for them then I’d say that’s a key indicator.

[–] [email protected] 20 points 1 week ago

Yeeeessss keep going.

[–] [email protected] 17 points 1 week ago

That's like less than 1% of their income. We pay 10% wtf!

[–] [email protected] 5 points 1 week ago

1.3 Billion! dr evil tilts his pinkie to the side of his mouth in a come hither stare