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  • Robbing the IRS

    From JAB@21:1/5 to All on Sat Nov 4 10:59:56 2023
    Johnson has given us one of those moments that makes GOP deviousness
    over "concerns about the national debt" crystal clear to everyone:
    Robbing the IRS of money needed to cut tax cheating by the very rich
    won't will reduce the debt, it'll increase it.

    https://twitter.com/tribelaw/status/1720061127793561793

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  • From JAB@21:1/5 to All on Sat Nov 4 11:45:17 2023
    Side Bar

    The wealthiest 1 percent of Americans are the nation's most egregious
    tax evaders, failing to pay as much as $163 billion in owed taxes per
    year, according to a Treasury Department report released on
    Wednesday.Sep 8, 2021 NYT

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  • From JAB@21:1/5 to All on Sat Nov 4 11:43:45 2023
    Side Bar

    How the IRS Catches Tax Cheats and Liars https://www.investopedia.com/articles/personal-finance/041515/how-irs-catches-tax-cheats-liars.asp

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  • From Retrograde@21:1/5 to JAB on Sun Nov 5 06:45:37 2023
    JAB <here@is.invalid> writes:

    Johnson has given us one of those moments that makes GOP deviousness
    over "concerns about the national debt" crystal clear to everyone:
    Robbing the IRS of money needed to cut tax cheating by the very rich
    won't will reduce the debt, it'll increase it.

    Remember when the Repubs had a majority, they used it to grant tax
    relief to the rich, and then applauded themselves on a job well
    done. Their "concern" smells like horse shit, because that's what it is.

    NEW PARTIES NOW. The ones we have suck.

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  • From JAB@21:1/5 to fungus@amongus.com.invalid on Sun Nov 5 11:36:36 2023
    On Sun, 05 Nov 2023 06:45:37 -0500, Retrograde
    <fungus@amongus.com.invalid> wrote:

    Remember when the Repubs had a majority

    Just another means of "trickle-down economics," where the government
    assists the "merchants and the money changers" by not checking to see
    if they have paid in full their taxes.




    In 1982 John Kenneth Galbraith wrote that "trickle-down economics" was
    known in the 1890s under the name "horse-and-sparrow theory"

    Trickle-down economics - Major examples of what critics have called "trickle-down economics" in the U.S. include the Reagan tax cuts,[3]
    the Bush tax cuts,[4] and the Tax Cuts and Jobs Act of 2017.[5] Major
    UK examples include Liz Truss's mini-budget tax cuts of 2022.[6] As of
    2023, a number of studies have failed to demonstrate a link between
    reducing tax burdens on the upper end and economic growth.

    https://en.wikipedia.org/wiki/Trickle-down_economics

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