this post was submitted on 08 Sep 2023
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IRS plans to crack down on 1,600 millionaires to collect millions in back taxes (abcnews.go.com)
submitted 2 years ago by mike591@kbin.social to c/news@kbin.social
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The IRS is launching an effort to crack down on 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes

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[–] ryan@the.coolest.zone 3 points 2 years ago

To add onto this comment: for every additional dollar invested in the IRS generates a $6 return, according to Treasury estimates. The only reason not to fund the IRS is to cripple the government.