The IRS is showcasing its new capability to audit high-income tax dodgers aggressively as it makes the case for sustained funding and tries to avoid budget cuts sought by Republicans who want to gut the agency

The IRS is showcasing its new capability to audit high-income tax dodgers aggressively as it makes the case for sustained funding and tries to avoid budget cuts sought by Republicans who want to gut the agency

  • alvvayson@lemmy.worldEnglish
    311·
    1 year ago

    Yes. If we really want rich people to pay proportionally (or even progressively), then we will need to change the laws that allow them to amass huge fortunes tax free.

    When Bezos and Musk can amass hundreds of billions of net worth without ever hitting a six figure income, you know the problem is with the laws, not with the IRS.

    It seems we westerners rather tax small business owners and highly paid professionals instead of actual billionaires.