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And the bill that just passed adds 87000 new IRS agents. Additionally every single democrat voted against an amendment that would have prevented new agents fro
by kyleblarson 4y ago
And the bill that just passed adds 87000 new IRS agents. Additionally every single democrat voted against an amendment that would have prevented new agents from auditing individuals and small businesses with less than $400,000 of taxable income.
- washbrain 4y agoInteresting, source on the amendment? Was there a poison pill in it?
- kyleblarson 4y agohttps://twitter.com/MikeCrapo/status/1556177703098884103 https://twitter.com/MikeCrapo/status/1556177703098884103
- toast0 4y ago> Additionally every single democrat voted against an amendment that would have prevented new agents from auditing individuals and small businesses with less than $400,000 of taxable income. How do you know how much taxable income someone has if you're unwilling to audit them?
- camel_Snake 4y agoThis article about Janet Yellen instructing IRS not to use any additional funding to audit individuals or businesses making less than 400k contradicts you. [0] > The bill itself says the new funding is not "intended to increase taxes on any taxpayer or small business with a taxable income below $400,000." [0] https://www.cnn.com/2022/08/10/politics/yellen-new-irs-funding-audits/index.html https://www.cnn.com/2022/08/10/politics/yellen-new-irs-fundi...
- pgodzin 4y agoWhy would anyone want to pass a law saying that anyone below a certain income threshold can cheat on their taxes and it's illegal for anyone to look into?
- josephcsible 4y agoEspecially given that in practice, such a law would mean that anyone who claims to be below a certain income threshold can cheat on their taxes and it's illegal for anyone to look into.