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The tax code is like the speed limit. If they enforced it 100% (or substantially closer to 100%) it would wind up getting changed to reflect reality and that w

The tax code is like the speed limit. If they enforced it 100% (or substantially closer to 100%) it would wind up getting changed to reflect reality and that would be counterproductive to the goals of everyone who complains it's not enforced enough. The billionaires and other people with nebulous and complicated finances would actually be the people least effected by greater enforcement because their arrangements typically are at least legal on face value whereas the average types of noncompliance are obviously in violation of the tax code so you'd be seeing 1099 people, people with side gigs and people with business income getting hit most frequently and hardest.

esarbe 4y ago
> If they enforced it 100% (or substantially closer to 100%) it would wind up getting changed to reflect reality That would be a good outcome. > that would be counterproductive to the goals of everyone who complains it's not enforced enough. I don't agree at all. I want transparency, not deal-cutting for special-interests behind closed doors. That's a recipe for corruption. > people with side gigs and people with business income getting hit most frequently and hardest. It's not only about enforcement, even auditing the relevant people is not happening. At it is, the IRS doesn't even have the money to audit rich people[0]. Besides; the IRS could still decide to not target anyone making less than 250K. [0] https://www.gq.com/story/no-irs-audits-for-the-rich https://www.gq.com/story/no-irs-audits-for-the-rich
- theironhammer 4y ago
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theironhammer 4y ago
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