As IRS prepares to double in size, it isn't the billionaires who should be worried

Norge Nyheter Nyheter

As IRS prepares to double in size, it isn't the billionaires who should be worried
Norge Siste Nytt,Norge Overskrifter
  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 94%

Democrats in Washington may be preparing to celebrate what they believe will be a tax hike on the fortunate few, but Main Streeters will have to watch their backs, writes jakealeahy.

, under the new beefed-up enforcement plan, the IRS will be able to perform 1.2 million additional audits. Surely those million-plus audits won’t just be billionaires!

This massive investment in enforcement infrastructure comes at a time when even getting in contact with the IRS can seem daunting. According to the IRS itself, theNor is stepped-up enforcement likely to raise the $700 billion projected. Nor is it likely to make billionaires break a sweat. After all, these people have the best accountants and lawyers money can buy, a luxury that lower-wage taxpayers aren’t typically able to afford.

Jake A. Leahy is a consumer choice fellow with Young Voices. He is a law student at the University of Illinois Chicago School of Law, and he serves as a member and vice president of the School District #106 Board of Education in Illinois.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

dcexaminer /  🏆 6. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Sen. John Cornyn tests positive for COVID-19Sen. John Cornyn tests positive for COVID-19JUST IN: U.S. Senator John Cornyn announced that he has tested positive for COVID-19 Monday, he announced on Twitter.
Les mer »

U.S. Sen. John Cornyn of Texas tests positive for COVID-19U.S. Sen. John Cornyn of Texas tests positive for COVID-19U.S. Sen. John Cornyn of Texas said he has tested positive for COVID-19.
Les mer »

Texas Sen. John Cornyn tests positive for COVID, is isolatingTexas Sen. John Cornyn tests positive for COVID, is isolatingRepublican Texas Sen. John Cornyn tweeted he has tested positive for COVID-19. Cornyn said he has managed to dodge the virus since the outset of the pandemic and is isolating.
Les mer »

Amazon's emissions increased dramatically last year despite carbon neutrality goal | EngadgetAmazon's emissions increased dramatically last year despite carbon neutrality goal | EngadgetAmazon's emissions increased dramatically last year despite carbon neutrality goal
Les mer »

Instagram Could Lose to TikTok in Both Photos and VideosInstagram Could Lose to TikTok in Both Photos and VideosTikTok isn't just beating Instagram when it comes to video, it's already winning at photos, too.
Les mer »

Putin uses body doubles, isn't in 'good health': Ukraine generalPutin uses body doubles, isn't in 'good health': Ukraine generalUkrainian Major General Vadym Skibitsky said that Putin's inner circle has begun 'panicking about his health.'
Les mer »



Render Time: 2025-04-16 05:25:15