Thousands of millionaires haven’t filed tax returns for years, IRS says
- Thread starter pjhawk
- Start date
How the left posters here turn this completely to far right republican may be the most comical thing they have done on this board. My god, just admit one time; both sides suck.
Solid example of my above post
Again - I’d love to hear what the folks are gonna say when the government comes after those that owe $2k and can’t pay it? Should it be forgiven? Added up, the # probably is about $10b.
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You'll have to clarify your thoughts. I was just wondering how many will be onlyfans people or content creators. I can almost guarantee you some struck rich without any understanding of how taxes work.
Are you drunk maybe?
Thats the trap many of one album wonders fell into. My album went quadruple platinum. Only spent half of it. I was smart.
This! Rs freak out when Dems spend (never when Rs do though for some reason that's fine) and yes we should do what we can to curb spending... but the bigger issue is this. If we collected taxes like we should we would be MUCH better off. Rs just want to be ignorant and have a reason to be pissed off though they don't want to actually fix the problem
Fair question. Not drunk though on Somer Shabbos (clearly a joke movie quote some won’t get) . Wrong quote grabbed, my bad. My point stands tho for those that are trying to make this a republican thing. It’s everyone.
It disgusts me that those who have the most prosperity tend to also be the people who are the most successful and avoiding paying their fair share into our states and our country. While they drive on our highways. Cross our bridges. Enjoy our parks and landmarks. Visit our museums. Enjoy state and national celebrations. And feel safe at night from the threat of our adversaries in the world.
There's probably some that will get hit by this, but it's been known for years that the IRS has been able to pursue owed taxes from lower income households because they lack the resources to fight back, or simply understand how/why they owed back taxes. Richer households on the other hand, have had those resources and the IRS has lacked the ammunition to push them for what they owe.
It's a matter of the IRS not having been adequately funded (on purpose) for decades. This includes simple things like upgrading technology, equipment etc., besides adding more manpower to the agency.
Not sure why you think these are mutually exclusive - we KNOW 2 things to be true here: 1) the rich are not paying the taxes they owe - if they do so honestly via taking advantage of tax cuts, loopholes, etc., I don't have a gripe with them for taking advantage of the system. However, we know also that millions upon millions of taxes haven't been collected for years because the IRS hasn't had the resources to pursue them. They ARE however able to go after lower income households who don't have the same resources to fight back if necessary - besides owing far less of course. 2) Spending is also a problem.
Both problems need to be addressed imo.
Caveat - I haven't researched this subject extensively, but after reading several posts in this thread...I am skeptical. In terms of IRS resource constraints...if that is really a driver here I can tell you that when my bookkeeper makes an error for as little as a couple of bucks on a quarterly submission I then receive a pretty official looking letter from the IRS that makes it clear that they want their missing $2.97, etc. (Yes, they have called out amounts less than $5.)
We then go back through everything and find the miscalculation and send in the measly amount. My point in sharing this is that if they have the resources to find, and then track, a couple of bucks...how is it possible that thousands of millionaires haven't paid their taxes over many years?????
Good grief...let's reassign the clerk that sniffed out the three dollar problem and get them on a couple of wayward millionaires. If called out, are we really believing that millionaires everywhere are just blowing off the IRS????
I feel like this story is a ruse of some sort...OR proof positive that dimwits are in charge of things if they are this incompetent.
We then go back through everything and find the miscalculation and send in the measly amount. My point in sharing this is that if they have the resources to find, and then track, a couple of bucks...how is it possible that thousands of millionaires haven't paid their taxes over many years?????
Good grief...let's reassign the clerk that sniffed out the three dollar problem and get them on a couple of wayward millionaires. If called out, are we really believing that millionaires everywhere are just blowing off the IRS????
I feel like this story is a ruse of some sort...OR proof positive that dimwits are in charge of things if they are this incompetent.
It also doesn't help they are still using the DOS 6.22 operating system.
It is fascinating to me that you have been called out on a a quarterly miss. When I switched from W2, I was an idiot and "forgot" to pay my quarterly taxes and didn't pay in until i did may taxes and didn't get one penalty. I owed quite a bit. I don't make 1st world problem money; but make enough that I felt dumb when filing. Slightly editing to say, I knew I was supposed to; my "forgot" was seriously just laziness and forgetfulness. After being a W2 for 25 years; just wasn't a priority. I did clearly save money owed though.
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Because it's republicans who are objecting to the funding of the IRS to find these deadbeats.
I mean, can you at least admit some of the tax cheats vote left? Or is this the deflection hill you are dying on?
I'm guessing you are talking payroll taxes which have more checks and balances. Easier to automate since payroll tax deposits have to match the quarterly filing or else the automatic notice goes out.
Auditing income taxes is a different animal.
