The IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes
apnews.com
IRS Commissioner Daniel Werfel said that with a boost in federal funding and the help of artificial intelligence tools, the agency has new means of targeting wealthy people who have “cut corners” on their taxes.
“If you pay your taxes on time it should be particularly frustrating when you see that wealthy filers are not,” Werfel told reporters in a call previewing the announcement. He said 1,600 millionaires who owe at least $250,000 each in back taxes and 75 large business partnerships that have assets of roughly $10 billion on average are targeted for the new “compliance efforts.”
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Good but can we also do the billionaires?
No. They're just going to do it to people who have exactly 1 million dollars.
They won't go after those from fear or being defunded further..
Conservative's are agreeing to go after millionaires just to anger their base, the poor who think they'd be millionaires if it wasn't for all this "socialism".