politics @lemmy.worldEnglish · 10 months ago

IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new funding

apnews.com

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IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new funding

apnews.com

silence7@slrpnk.net to

politics @lemmy.worldEnglish · 10 months ago

The IRS says it expects to collect hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated using funding provided to the agency.

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.

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silence7@slrpnk.netOP
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10 months ago
Please explain how it’s bad to ask the wealthiest to actually pay the taxes that they owe?

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