General Raise your hand if you make less than $200k/yr

[Wild]

And the bill that just passed, which will add 87,000 IRS agents to audit all of us who make less than that, scares the shit out of you?

Those Goodwill "donations" and "receipts" are going to come back to haunt me. I can feel it.

 

[ManDingo]

More jobs in government sector leaching off tax payer money

 

[Wild]

Video of @Splinty while we're all in IRS gulag's

 

[SongExotic2]

Ooops

 

[SongExotic2]

Your gonna set my fucken anxiety off

 

[Kingtony87]

 

[Hauler]

I thought they sold this as a way to go after high earners? Is the $200k thing written in the bill or is it just an assumption because the IRS will always target the low hanging fruit if you let them - mainly the folks who can't afford legal fees to dispute audits.

 

[Hauler]

More jobs in government sector leaching off tax payer money

"We need to raise your taxes so we can pay people to make sure you are paying all your taxes"

 

[Belobog]

I thought they sold this as a way to go after high earners? Is the $200k thing written in the bill or is it just an assumption because the IRS will always target the low hanging fruit if you let them - mainly the folks who can't afford legal fees to dispute audits.

There is language to discourage use against people with earnings less than 400k. However, with the way this is coming through the budget process, they can't be as specific with how to spend the money.

 

[Wild]

I thought they sold this as a way to go after high earners? Is the $200k thing written in the bill or is it just an assumption because the IRS will always target the low hanging fruit if you let them - mainly the folks who can't afford legal fees to dispute audits.

“According to expert analysis, it will supercharge the IRS with 87,000 new IRS agents to target Americans with 1.2 million new audits, more than half of which would be for people making less than $75,000 a year,”

Read in a couple of articles that the new tax hikes are for people making below $200k/yr and the audits will target the middle/lower class. In the interest of full disclosure, I have not read the bill but will try to do so today.

 

[SongExotic2]

Did I tell you guys I haven't earned a single penny since December?

I should be back at work next Monday.

Then you will discover the true dark side of the song

 

[SongExotic2]

There is language to discourage use against people with earnings less than 400k. However, with the way this is coming through the budget process, they can't be as specific with how to spend the money.

You have a dodge viper

 

[Hauler]

There is language to discourage use against people with earnings less than 400k. However, with the way this is coming through the budget process, they can't be as specific with how to spend the money.

This will just be more of the same then. The vast majority of IRS audits are against households making $75k or less.

 

[Rambo John J]

tree fiddy

per week

 

[Wild]

Me after the audit

 

[Belobog]

This will just be more of the same then. The vast majority of IRS audits are against households making $75k or less.

Chicken or the egg. The IRS says they don't currently have the capacity/funding to proportionally do complex audits on higher end targets. This could give them what they need.

 

[Hauler]

Chicken or the egg. The IRS says they don't currently have the capacity/funding to proportionally do complex audits on higher end targets. This could give them what they need.

It could. But it won't.
They'll still go for the easy targets.

 

[BeardOfKnowledge]

Chicken or the egg. The IRS says they don't currently have the capacity/funding to proportionally do complex audits on higher end targets. This could give them what they need.

and do you think that's how the resources will be used, or will you be pleasantly surprised in the event they are?

 

[Kingtony87]

"We need to raise your taxes so we can pay people to make sure you are paying all your taxes"

Bingo. Everything the last few years almost feels intentional to kill the self sufficient small business.

 

[RaginCajun]

 

[Wild]

Bingo. Everything the last few years almost feels intentional to kill the self sufficient small business.

 

[Kingtony87]

 

[Hauler]

Don't cheat on your taxes and you won't have problems

I do my own taxes. It's a bitch. They need to get rid of all the mental gymnastic exercises and just do a flat tax across the board.

Fuck deductions.
Fuck rebates.

If the gov't wants to incentivize initiatives, just do a mail-in rebate like when I get $2 off my case of Budweiser by sending them the UPC code in the mail.

Life just doesn't need to be this difficult. Expand the IRS? How about we get rid of it? Fucking leaches.

 

[Filthy]

View: https://www.youtube.com/watch?v=MqkT4B-9MGk

 

[BeardOfKnowledge]

I do my own taxes. It's a bitch. They need to get rid of all the mental gymnastic exercises and just do a flat tax across the board.

Fuck deductions.
Fuck rebates.

If the gov't wants to incentivize initiatives, just do a mail-in rebate like when I get $2 off my case of Budweiser by sending them the UPC code in the mail.

Life just doesn't need to be this difficult. Expand the IRS? How about we get rid of it? Fucking leaches.

This brings tears to my eyes.