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Author: commonone 🐝 HONORARY
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Number: of 48466 
Subject: IRS Collects $160 Million
Date: 10/24/2023 12:25 PM
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Republicans have fought tooth and nail against hiring IRS agents, with ousted House Speaker Kevin McCarthy (and dozens of other republican politicians) claiming: "Democrats in Washington plan to hire an army of 87,000 IRS agents so they can audit more Americans like you."

Well, okay... if you are an ultra-rich tax cheat.


The Internal Revenue Service has collected $160 million in back taxes this year by cracking down on millionaires who haven't paid what they owe, the agency said Friday.

The recent effort to target high-income individuals has been boosted by an increase in federal funding provided by Democrats last year through the Inflation Reduction Act. Republicans have criticized the amount of money the IRS is getting, and future funding is uncertain.


One individual was ordered to pay more than $15 million in restitution for claiming the construction of his 51,000-square-foot mansion complete with an outdoor pool and pool house, as well as tennis, basketball and bocce courts was a business expense rather than a personal expense.

But republicans evidently think that's just fine.

https://www.cnn.com/2023/10/20/politics/irs-millio...



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