280
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

I.R.S. Deploys Artificial Intelligence to Target Rich Partnerships::The tax agency is opening examinations into large hedge funds, private equity groups, real estate investors and law firms.

you are viewing a single comment's thread
view the rest of the comments
[-] ShittyBeatlesFCPres@lemmy.world 73 points 1 year ago

The IRS never stopped going after middle and working class tax cheats. They stopped going after the very rich because their budget was cut to the bone and they couldn’t afford to fight a protracted lawsuit and possibly lose.

The reason they’re going after them now is because funding the IRS, at least on paper, brings in more revenue. So, it was a way for the Senate to get the Inflation Reduction Act fully paid for without adding debt or changing tax rates. (Same with allowing Medicaid/Medicare negotiate prescription drug prices. There’s a lot of money in America’s couch cushions.)

[-] fubo@lemmy.world 41 points 1 year ago

They stopped going after the very rich because their budget was cut to the bone and they couldn’t afford to fight a protracted lawsuit and possibly lose.

They stopped going after the very rich because they were tactically underfunded by a corrupt administration that explicitly wanted them to stop going after the very rich. That administration then got voted out of office, so the rules are different now.

[-] Cethin@lemmy.zip 13 points 1 year ago

You're correct, but it didn't happen under Trump. It was under Reagan I believe. It's never been fixed.

[-] Noodle07@lemmy.world 5 points 1 year ago

America has never been fixed since Reagan

[-] Bernie_Sandals@lemmy.world 4 points 1 year ago

It's crazy how many problems in this country can be tied back to either Reagan's fuck ups not being fixed or FDR not going far enough.

this post was submitted on 09 Sep 2023
280 points (98.3% liked)

Technology

59583 readers
2308 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS