The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31140
Likes: 52644


And also... I don't know where the commentary of


"all taxation is evil" comes from. I don't think I've EVER expressed any idea that could be remotely construed as thinking all taxation is evil. I think we should audit MORE high income tax payers. There are 400K tax payers with income over $1m representing 25% of individual income tax collected. With EXISTING budgets and EXISTING resource prioritization by the IRS, the IRS was able to conduct 1 million audits. Hell, audit HALF the 400K tax payers and then use the remaining 800K audits for everyone else. I'm also fine providing more funding to the IRS if we think it's truly necessary. But even without funding, the IRS should be able to more intelligently target their audits for maximum revenue benefit.

There's the old question "why do people rob banks...?", A:"Because that's where the money is". The IRS should be pragmatic and focus their audits where the money is. An the biggest bang for the buck is with the higher earners. If they're wasting time auditing sub-$50K earners to the detriment of their ability to appropriately target high earners, that's sounds like a bad allocation of audit resources that should be able to be corrected by IRS leadership.

(In response to this post by BocaHoo91)

Posted: 12/11/2018 at 12:41PM



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Current Thread:
 
  
Guess which cohort is dodging paying owed taxes -- NJHoo 12/11/2018 11:24AM
  LOL- theDonald should give the Director -- Capital City Hoo 12/11/2018 12:27PM
  And also... I don't know where the commentary of -- BocaHoo91 12/11/2018 12:41PM
  I'm sure there's plenty of ineffeiciency -- Beerman 12/11/2018 12:34PM
  But you don't actually know that, do you? -- Beerman 12/11/2018 1:15PM
  OK, it shouldn't be then. I do know that. -- BocaHoo91 12/11/2018 1:54PM
  It shouldn't be that way, but it is -- Beerman 12/11/2018 2:01PM
  I agree with all that generally -- Beerman 12/11/2018 2:09PM
  Also ... -- Beerman 12/11/2018 12:28PM
  3 times in 3 years? -- hoothat 12/11/2018 12:34PM
  Function of being a private contractor ** -- WaxHoo 12/11/2018 12:49PM
  I thought there was a time limit too -- NJHoo 12/11/2018 12:22PM

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