Discussion in 'The War Room' started by panamaican, Oct 10, 2019.
That’s a good one about Duffy. Mind if I use it?
Rick Scott seems competent.
not sure if serious
I hate you
the joke is that he's a competent criminal.
Well that’s not very nice. I don’t hate you. Just wish I could help you
I was just being sarcastic. I don't hate you
me too, I don’t want to help you
Catch-22 basically. You can't retain experienced auditors because the salaries are shit and it's hard to get permanent status, so you can't audit rich people to gain more income because the novice examiners don't know what they're doing. That's assuming the audit won't be blown out by teams of well-paid corporate lawyers and accountants, which it definitely will.
Of course that's even assuming the IRS, a public institution with no profit motive and by definition much less oriented towards efficiency than the private sector, would actually spend their increased income judiciously. Probably not.
I like all the social services we have in Canada, but I've talked to a lot of people who work in the public sector - the amount of waste and inefficiency is staggering. Bosses getting paid first-class tickets when they're supposed to fly economic, hiring of completely incompetent IT staff to manage government systems, horrible employees who unfirable because they have seniority, mismanagement of resources because it's "nobody's money" and no one cares.
Don't want or need help.
In my experience, these are the primary reasons why some of my clients were audited:
1) underreporting income
2) claiming dependents that are not theirs
3) really shady "business expenses" and bogus Schedule C income.
Calm down comrade. We just need slight tweaks to the system.
Same here in the UK.
Also, the tax man here in the UK ignores travellers(gypsies), Pakistani non british born, amongst others. Simply because they are too difficult to investigate. The middle man is easier, the records of the middle man and his entire life are easily accessible.
Repeal the 16th Amendment to the US Constitution, thereby eliminating the federal income tax and the IRS (with its $11 billion annual budget). Problem solved.
My coworkers do this shit all the time. They claim kids that aren't theres, change dependent numbers to false numbers for bonus checks etc. A lot of people think they can beat the system because the government doesn't waste time on poor people.
Oh look disgusting criminal republicans have their hands all over this. Who would’ve guessed.
Keep voting right wing middle class rubes.
I guess I'm having trouble thinking that poor people pay enough taxes that they can really owe that much if caught.
I wonder how much the IRS needs to collect in your scenario?
Government bureaucracies only rarely care about costs like that. It's not their money they are spending anyway.
The IRS should be razed and we should start over. Wasn't long back when they were auditing organizations for political motives. Now they are grinding the poor and letting the wealthy skate. It is too politicized and too lazy to be entrusted with the amount of power it has been given.
Yea, I had one co-worker who used an old 1098-T to claim the American Opportunity Credit.
said she went to school full time to maximize this education credit. Surprisingly, the IRS did pay her.
I warned her, "the IRS will find out, maybe not today...maybe not next year, but it's only a matter of time before they match up the EINs that you reported.
My limited experience there is that it's usually a couple hundred bucks per. But since the cost is just the form letter plus the time to update the digital information, it's a very low cost audit from the government's side. The discrepancy is handled via a smaller refund, so there's no real collections cost either.
It's pretty simplistic stuff.
And poor working people pay plenty in taxes. At the minimum, they're paying 15% in payroll. Even on a $20k/yr income that's $3k in taxes from which any refund can be reduced.
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