The IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes - eviltoast

IRS Commissioner Daniel Werfel said that with a boost in federal funding and the help of artificial intelligence tools, the agency has new means of targeting wealthy people who have “cut corners” on their taxes.

“If you pay your taxes on time it should be particularly frustrating when you see that wealthy filers are not,” Werfel told reporters in a call previewing the announcement. He said 1,600 millionaires who owe at least $250,000 each in back taxes and 75 large business partnerships that have assets of roughly $10 billion on average are targeted for the new “compliance efforts.”

  • 🐱TheCat@sh.itjust.works
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    1 year ago

    how is it any different from now, when they come after us and NOT the rich? Like we never stopped getting policed that was rich privilege only, and only because of the complicated tax structures that open up to you once you start a business that has some cash throughput

    total fear-mongering like you say

    • wrath-sedan@kbin.social
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      1 year ago

      Yeah the tax structure already favors the wealthy in many ways, so the idea that more enforcement of existing laws on the higher end is somehow hurting the middle class is just laughable.

    • utopianfiat@lemmy.world
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      1 year ago

      They were coming for middle class people because we can’t afford audit defense, or massive bullshit campaigns like “omg they’re targeting conservatives!!”

      • HoustonHenry@lemmy.world
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        1 year ago

        They targeted the poorest of us, because they are severely underfunded, the IRS cant afford extended litigation. They poor can’t afford to fight back, you’re 100% right