two_iron
Diamond Member
"Elections have consequences." - Anonymous muzzie lawn jockey, circa 2009Yeah, a great start for the reaming these Republican assholes are going to give us. Where the hell is paygo at? You know, pay as you go. Cost this little action will cost us at least A HUNDRED BILLION DOLLARS. I will document that in a little but I am going to rant.
You see, this action is a perfect example of how Republicans blow smoke up their supporter's ass while sucking off those that provide them those massive donations and finance dark money political action committees. And they know exactly what they are doing. First, I don't see how the hell they sleep at night, and second, I can't understand while lightening doesn't strike their asses dead. Where is the justice? I mean we have been down this road before, the last time the assholes took Congress, and here were the results.
From 2010 to 2018, even as the IRS received 9 percent more tax returns, its annual budget was slashed by $2.9 billion—a 20 percent reduction that cost the agency more than one-fifth of its workforce. Investigations of non-filers plummeted and the amount of outstanding tax debt the IRS formally wrote off (based on the 10-year statute of limitations for collections) more than doubled—from less than $15 billion in 2010 to more than $34 billion in 2019.
Virtually no partnerships were audited in 2018. By then, with Donald Trump in the Oval Office, the kneecapped IRS was scrutinizing the individual returns of just 0.03 percent of those $10 million–plus taxpayers, down from a peak of 23 percent in 2010. Audits of the $5 million–to–$10 million filers fell from just under 15 percent to a scant 0.04 percent.
A fair subset of superwealthy Americans doesn’t even bother filing. The Treasury Department’s Inspector General for Tax Administration reported in 2020 that nearly 880,000 “high income” non-filers from 2014 through 2016 still owed $46 billion, and the IRS was in no condition, resource-wise, to collect. The 300 biggest delinquents owed about $33 million per head, on average. Fifteen percent of their cases had been closed without examination by IRS staffers, and another one-third weren’t even in line to be “worked.”
I mean this shit pisses me off. Just 300 people owe A FLIPPIN BILLION DOLLARS. In China, they would be shot and their organs harvested. Here, THEY FLIPPIN SKATE. And all because you numbnuts buy the bullshit the Republican party is telling you hook, line, and sinker. I mean read the link, I know you won't. But try this one.The IRS finally got some funding. Now Republicans want it back.
Surprise, surprise.www.motherjones.com
CBO Scores IRA with $238 Billion of Deficit Reduction | Committee for a Responsible Federal Budget
2022-09-07-The Congressional Budget Office (CBO) just released a final score of the Inflation Reduction Act, finding it would reduce deficits by $23www.crfb.org
You see that line, "IRS tax enforcement funding"? A hundred billion dollars. That is how much revenue those enforcement measures were scored to take in, and that is conservative. This new Congress just pissed that money away. Hell, it is telling. I mean the first thing they do is change the rules and gut the ethics committee. Then they grant a free pass to the wealthy tax cheats. I mean for the love of God, wake up and smell the coffee. But I doubt that will happen, you morons will just bend right on over and politely ask, "give me another".