Subject: Re: BBB will reduce the deficit!
The "slashing" will be felt mostly by able bodied recipients who are healthy and should be working and by illegal immigrants who shouldn't be here in the first place. ~Fox News Bot
For years we've heard from the right about "lazy, welfare queens" and other so-called "freeloaders" pulling one over on the government.
But actually, it's the wealthy who are the real freeloaders — pulling one over on us all by skirting their taxes.
Where is the outrage?...
"Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief."
"The nation’s millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a “lack of fairness” in the tax system."
"Joe Biden's Inflation Reduction Act gave the IRS an $80 billion infusion, yet congressional Republicans won a deal last year to take $20 billion of the funding back. Now they’re pressing for further cuts.
The Treasury Department said last week it estimates greater IRS enforcement will result in an additional $561 billion in tax revenue between 2024 and 2034 — a higher projection than it had initially stated.
The IRS says that for every extra dollar spent on enforcement, the agency raises about $6 in revenue."
https://www.cnbc.com/2024/02/2...