Treasury Sec Yellen says audits wont increase

[raleighherdfan]

Just like her transitory inflation claim....get ready to grab your ankles

I also find this little blurb in the story fvcking hilarious:

“This is challenging work that requires a team of sophisticated revenue agents in place to spend thousands of hours poring over complicated returns, and it is also work that has huge revenue potential: indeed, an additional hour auditing someone making more than $5 million annually generates an estimated $4,500 of additional taxes collected,” Yellen said.

This reminds me of you rubes suggesting you could look at DJTs tax returns and understand where he made his money and where he is hiding it.

 

[HerdandHokies]

Just like her transitory inflation claim....get ready to grab your ankles

I also find this little blurb in the story fvcking hilarious:

“This is challenging work that requires a team of sophisticated revenue agents in place to spend thousands of hours poring over complicated returns, and it is also work that has huge revenue potential: indeed, an additional hour auditing someone making more than $5 million annually generates an estimated $4,500 of additional taxes collected,” Yellen said.

This reminds me of you rubes suggesting you could look at DJTs tax returns and understand where he made his money and where he is hiding it.

Did you even read the entire headline?

 

[raleighherdfan]

Did you even read the entire headline?

That whatever she "says", know the opposite will occur??? Yes. That whatever a lifetime govt hack claims, always a good bet, the avg guy will be the first to pay.

 

[HerdandHokies]

That whatever she "says", know the opposite will occur??? Yes. That whatever a lifetime govt hack claims, always a good bet, the avg guy will be the first to pay.

Since you apparently didn’t, they will increase audits, but only on those making over $400,000. You can be against that, that’s fine, but at least be honest with what is happening.

 

[extragreen]

but at least be honest with what is happening

 

[raleighherdfan]

Since you apparently didn’t, they will increase audits, but only on those making over $400,000. You can be against that, that’s fine, but at least be honest with what is happening.

And as I've said... whatever the govt says, the opposite will apply. The fact she is publicly promising this, tells you all that needs to be said. The avg guy is about to get hosed. Asserting that everyone under 400K is safe from increasing audits is almost too funny to discuss no matter how naive you want to be.

 

[extragreen]

Asserting that everyone under 400K is safe from increasing audits is almost too funny to discuss no matter how naive you want to be

Who asserted that???

 

[KyMUfan]

Since you apparently didn’t, they will increase audits, but only on those making over $400,000. You can be against that, that’s fine, but at least be honest with what is happening.

History seems to suggest otherwise...

IRS audits the poor at 5 times the rate of everyone else, analysis finds

Taxpayers who earn less than $25,000 are far more likely to get audited by the IRS than wealthier people.

www.cbsnews.com

 

[KyMUfan]

So much information, so little ability to understand it...

The IRS wants to spend billions on "enforcement." Here's who is most likely to get audited.

Inflation Reduction Act's $80 billion in IRS funding would come as the risk of getting audited is at a decade-long low.

www.cbsnews.com

Make more than $100,000? Your IRS audit risk just doubled.

The IRS is boosting audits on higher earners, with the audit rate jumping fourfold on filers earning more than $10 million.

www.cbsnews.com

 

[KyMUfan]

 

[raleighherdfan]

But...but...but...Janet says 😂 😂

 

[mlblack16.]

Since you apparently didn’t, they will increase audits, but only on those making over $400,000. You can be against that, that’s fine, but at least be honest with what is happening.

You think they hired that many agents to audit only people who make >/= $400K?

 

[i am herdman]

You think they hired that many agents to audit only people who make >/= $400K?

Agent Orange was safe.

 

[i am herdman]

 

[i am herdman]

Did you even read the entire headline?

THe new IRS agents are going to over the middle class and small business. Point blank. They are also going to be an armed agency of the USA. THey will expand their powers, likely into gun control measures. The danger here is the IRS will no go after poltiical enemies or those that even vote a certain way or people that speak out like me or others.

This is dangerous, no two ways about it. This country is going down a dangerous path. No two ways about it, repeated.

What genaration is going to stop it? This new IRS deal is a big govt near gestapo like tactic. The FBI is also becoming a one sided agency in order to protect the govt swamp establishment.

 

[KyMUfan]

"According to the IRS, a $400,000 or more annual household income represents America’s top 1.8% income-earners. Per IRS Publication 6292, there were 154 million tax returns filed in 2019, thus approximately 2.8 million people earn over $400,000."

 

[i am herdman]

"According to the IRS, a $400,000 or more annual household income represents America’s top 1.8% income-earners. Per IRS Publication 6292, there were 154 million tax returns filed in 2019, thus approximately 2.8 million people earn over $400,000."

They are covering up what these agents are for. I think it is really a gun control measure in the long run.

 

[KyMUfan]

IRS job requirements...

Liberals and "libertarian", please state why you think these should be conditions of employment with the IRS...

 

[KyMUfan]

They are covering up what these agents are for. I think it is really a gun control measure in the long run.

To put those numbers in perspective, let's say there are 40,000 IRS auditors. If every individual making over $400k was audited each year each auditor would only need to audit 70 taxpayers per year. That would be approximately 30 hours per audited taxpayer.

 

[i am herdman]

To put those numbers in perspective, let's say there are 40,000 IRS auditors. If every individual making over $400k was audited each year each auditor would only need to audit 70 taxpayers per year. That would be approximately 30 hours per audited taxpayer.

There is more to this. 85,000 of them is a big number. This govt is out of control

The rest of our lives are going to be interesting. How does it get fixed? At some point the Patriots will have to stop it either by vote or some other way. This country is not European nor socialistic and it can't go that way.

 

[WVUSerg]

IRS job requirements...

Liberals and "libertarian", please state why you think these should be conditions of employment with the IRS...

I can answer for one liberal

Because you are a lying idiot trumptard snotlicking God hater

 

[extragreen]

THe new IRS agents are going to over the middle class and small business. Point blank. They are also going to be an armed agency of the USA. THey will expand their powers, likely into gun control measures. The danger here is the IRS will no go after poltiical enemies or those that even vote a certain way or people that speak out like me or others.

This is dangerous, no two ways about it. This country is going down a dangerous path. No two ways about it, repeated.

What genaration is going to stop it? This new IRS deal is a big govt near gestapo like tactic. The FBI is also becoming a one sided agency in order to protect the govt swamp establishment.

Your stupidity is as embarrassing to the this country as your orange jesus's, you just don't have as much audience.

 

[extragreen]

"According to the IRS, a $400,000 or more annual household income represents America’s top 1.8% income-earners. Per IRS Publication 6292, there were 154 million tax returns filed in 2019, thus approximately 2.8 million people earn over $400,000." AND THAT 1.8% MAKE MORE THAN THE MIDDLE 60% OF INCOME EARNERS COMBINED.

 

[extragreen]

They are covering up what these agents are for. I think it is really a gun control measure in the long run.

^^^Needs to be fitted for a strait jacket.

 

[extragreen]

IRS job requirements...

Liberals and "libertarian", please state why you think these should be conditions of employment with the IRS...

^^^^^BECAUSE IT'S REQUIREMENTS FOR IRS CRIMINAL INVESTIGATION SPECIAL AGENTS, YOU STUPID REPTILE.

 

[extragreen]

I can answer for one liberal

Because you are a lying idiot trumptard snotlicking God hater

^^^^^BECAUSE IT'S REQUIREMENTS FOR IRS CRIMINAL INVESTIGATION SPECIAL AGENTS, YOU STUPID REPTILE.

 

[19MU88]

Your stupidity is as embarrassing to the this country as your orange jesus's, you just don't have as much audience.

^^moron ran himself out of business....why does he care about IRS audits^^

 

[extragreen]

^^moron ran himself out of business....why does he care about IRS audits^^

^^^^lying God hater

 

[raleighherdfan]

^^moron ran himself out of business....why does he care about IRS audits^^

Because he too has used legal loopholes over the years to “hide” income. He’s no different than any other “tax cheating” American. He just likes to pretend his self righteousness is superior, when really he’s just a complete hypocrite.

 

[i am herdman]

Your stupidity is as embarrassing to the this country as your orange jesus's, you just don't have as much audience.

You would be a rat for the communist party

 

[KyMUfan]

You would be a rat for the communist party

Ummm, grammar cop here...

He IS a rat for the communist party...

 

[extragreen]

Because he too has used legal loopholes over the years to “hide” income. He’s no different than any other “tax cheating” American. He just likes to pretend his self righteousness is superior, when really he’s just a complete hypocrite.

^^^phlegmwad, the lying God hater.

 

[extragreen]

You would be a rat for the communist party

You're a God hating lying trumptard oath breaker parasite on US democracy.

 

[extragreen]

Ummm, grammar cop here...

He IS a rat for the communist party...

You're a God hating lying trumptard parasite on US democracy.

 

[KyMUfan]

For inquiring minds...

IRS Criminal Investigation - Wikipedia

en.wikipedia.org

Since the establishment of IRS-CI, 4 officers have died in the line of duty.[48]

Officer	Date of death	Details
Julio Daniel La Rosa Director of Field Operations	January 3, 2012	Heart attack
Richard Ivan Luht, Jr. Special Agent	January 31, 1999	Automobile crash
David Henry Feick Special Agent	June 28, 1991	Struck by vehicle
Howard R. Stuart-Houston Special Agent	September 14, 1989	Automobile crash

 

[i am herdman]

Ummm, grammar cop here...

He IS a rat for the communist party...

he thinks the govt defines freedom. he thinks the democrat party is the only way to run the country. he is honestly a socailist want to be that would like that in this country. he doesn't support the constitution.

 

[extragreen]

he thinks the govt defines freedom. he thinks the democrat party is the only way to run the country. he is honestly a socailist want to be that would like that in this country. he doesn't support the constitution.

______lying trumptard oath breaker God hater

 

[i am herdman]

______lying trumptard oath breaker God hater

My oath is to the Constitution. Yours is too a political party. You are not loyal to the Constitution. You would support a commie if they gave you a piece of bread and water.

 

[extragreen]

My oath is to the Constitution. Yours is too a political party. You are not loyal to the Constitution. You would support a commie if they gave you a piece of bread and water.

You're an oath breaker. You broke your oath to support and uphold the Constitution, lying idiot trumptard. You God hating orange Jesus minions.

 

[i am herdman]

You're an oath breaker. You broke your oath to support and uphold the Constitution, lying idiot trumptard. You God hating orange Jesus minions.

How so commie sympathizer.