Poor people don't know how to cheat on their taxes. Only the rich do. Eat the rich. https://apnews.com/article/irs-tax-gap-audits-inflation-reduction-act-e0dcb9bc52cfcdd8fc40caa2c04e8011
That money isn’t coming from rich people. lol. Rich people hire an army of accountants who are smarter than govmt employees and won’t pay shit. That money is coming from people like us and small businesses owners
As a result of this law they are targeting at least the most obvious of rich tax cheating that they used to get away with. Reducing the easy with which they cheat can close the gap. it is sad that the GOP has been fighting to not let this happen.
What part of the linked article makes you think the aforesaid group of people will end up paying more taxes?
"After the IRA was signed into law, Treasury Secretary Janet Yellen directed IRS leadership not to increase audit rates on people making less than $400,000 a year annually." Translation: people making 400k+ are being forced to fork out more money and pay their fair share. People who are not happy about that can go ahead and lick harder.
Means anything below $400k is poor or middle class.
Poor people don’t pay taxes lol. Actually the government gives them money.
Extremely poor and extremely rich people. The folks in the middle foot all the bills
Correction, highest income pays the highest tax, then high income, then middle income. Low income receives money.
OP has it entirely backward: it is the government stealing from us in the first place.
Tech Industry
Yesterday
2433
Quitting this Slave life
Tech Industry
Yesterday
1939
The end of Backdoor Roth?!
Personal Finance
Yesterday
1286
$10 million is the new $1 million
Working Parents
Yesterday
741
What do you think is wrong with a kid who got rejected by 9 colleges?
India
Yesterday
820
Modi is a legend, will be remembered for centuries to come
In their definition of rich. You are included. Bezos is not.