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Poor IRS, if only it had some good government contacts, it could ask them to improve the law and close those loopholes. Oh well.
by ASalazarMX 5y ago
Poor IRS, if only it had some good government contacts, it could ask them to improve the law and close those loopholes. Oh well.
- deleted 5y ago[deleted]
- mrguyorama 5y agoThe reason the IRS takes this tactic is it is literally underfunded. It does not have enough money to go after every millionaire and fight those court battles, even though there's a near certainty that it was in the legal right and enforcement of that type would bring back multiple dollars for every dollar spent on enforcement. The IRS does this calculus every single year, submits it as a report to the legislature, and then often has it's budget cut