That link was the promise Democrats made. How come it doesn't match with today's reality Dervy? Why the move to crack down on service industry worker tips NOW?
Acta non Verba. For a "different" view of "truth".
So the IRS is looking into a change in the system for reporting tips. Does not mean audits of people who make tips will be increasing or that this is any kind of "crackdown". Don't have the MB to look at the video right now, so I don't know what Tarl Warwick says. Does he cite any facts that validate this claim? Maybe something from the IRS where they say this is a "crackdown" that will catch cheaters and increase revenue?
What this is REALLY all about is the Right going on the offensive to protect rich tax cheats. By scaring poor and middle class taxpayers. republiturds represent the wealthy. Democrats represent workers.
btw, we know Minus worships wealthy individuals, given his bigly praising of Elon Musk in a prior thread. So it's no surprise at all that he'd be all in on this lie.
Partisan Posts Misrepresent IRS' Voluntary Program Proposal on Tip Income. The IRS has proposed a voluntary program that employers could choose to use in order to manage the taxes owed on employees’ tips. The program would replace similar existing programs. But some partisan social media accounts have wrongly suggested that the program indicates either new taxes or increased enforcement. Neither is true. ... The proposal is "just a streamlining, essentially, of the whole setup", Eric Smith, spokesman for the IRS said [Factcheck.org 210/2023].
"Who's returns will those IRS agents be auditing? You tell me"... people making 400k and up. As has been stated. Because that is where the cheating is occurring.
Who are the biggest tax cheats? The 1% ... A new study by a team of IRS analysts and academic economists, however, tells us that ... the 1% conceal as much as 21% of their income from tax collectors ... The unreported income for the 1%, households with more than about $420,000 in annual income, is as much as one-third higher than previously estimated... For the 0.1%, households with at least $7.5 million in annual income, it's 80% higher. [3/23/2021]
The hiring of 87,000 is over 10 years. Many of the hires will be replacing people who will be retiring. The IRS is also understaffed. Of the new hires, many will be assisting ordinary taxpayers.
"They have about 8 million unprocessed 2021 returns and only answered 11% of calls in 2021", says Bill Smith, national director of tax technical services at CBIZ MHM's National Tax Office in Washington DC" :P
All new 87k IRS agents won't be auditing taxpayers earning over 400k. Only a small percentage of them will do that.
HR Block is one of the largest tax return preparers in the country. It's better than a direct comparison. The IRS audits about the same number of returns as HR Block prepares.
lol! The original 87k employees already working for them, of course. The IRS audits the returns that the processing computer algorithms spit out. You think that humans still process the returns?
derp: The constant repeating of an opinion after facts have proved it incorrect, especially as a rhetorical tactic.
Treasury Secretary Janet L. Yellen directed IRS Commissioner Charles P. Rettig not to use the new funding to increase enforcement of taxpayers earning less than $400,000.
🔺🔺"The Honorable, Esteemed And Distinguished Judge Dervish Sanders (A High IQ Bourgeois Elitist)February 18, 2023 at 4:13 PM LOL. Who needs facts when "you can just bkurt out anthing"?"🔺🔺
🔺🔺Genosse Derwisch,🔺🔺 Sie müssen aufhören, die vom Gelände in Ludlow Massachussets ausgegrabenen Stummelschränke zu essen. Nursie Poo Poo gibt Ihnen keine Trüffel; Er gibt dir seinen Hintern Toadhocker.
IRS Will Target High-Income Tax Evaders with New Funding, Contrary to Social Media Posts. ... Treasury Secretary Janet L. Yellen directed IRS Commissioner Charles P. Rettig not to use the new funding to increase enforcement of taxpayers earning less than $400,000. [Factcheck.org, 8/18/2022].
ReplyDeleteThat link was the promise Democrats made. How come it doesn't match with today's reality Dervy? Why the move to crack down on service industry worker tips NOW?
ReplyDeleteActa non Verba. For a "different" view of "truth".
A truth that doesn't only come in through your ears.
ReplyDeleteTips are supposed to be untaxed?
ReplyDeletePeople making over $400k don't make tips.
ReplyDeleteIt's an unscrupulous "marketing" technique well recognized as a "bait & switch".
ReplyDeleteSo the IRS is looking into a change in the system for reporting tips. Does not mean audits of people who make tips will be increasing or that this is any kind of "crackdown". Don't have the MB to look at the video right now, so I don't know what Tarl Warwick says. Does he cite any facts that validate this claim? Maybe something from the IRS where they say this is a "crackdown" that will catch cheaters and increase revenue?
ReplyDeleteWhat this is REALLY all about is the Right going on the offensive to protect rich tax cheats. By scaring poor and middle class taxpayers. republiturds represent the wealthy. Democrats represent workers.
ReplyDeletebtw, we know Minus worships wealthy individuals, given his bigly praising of Elon Musk in a prior thread. So it's no surprise at all that he'd be all in on this lie.
Partisan Posts Misrepresent IRS' Voluntary Program Proposal on Tip Income. The IRS has proposed a voluntary program that employers could choose to use in order to manage the taxes owed on employees’ tips. The program would replace similar existing programs. But some partisan social media accounts have wrongly suggested that the program indicates either new taxes or increased enforcement. Neither is true. ... The proposal is "just a streamlining, essentially, of the whole setup", Eric Smith, spokesman for the IRS said [Factcheck.org 210/2023].
ReplyDeleteYeah, like "digital dollars." It's just a test... @@
ReplyDeleteWho's returns will those IRS agents be auditing? You tell me. :(
ReplyDeleteSee that $100-$200k line? Yep. THAT is where the money is/ comes from.
ReplyDelete"Who's returns will those IRS agents be auditing? You tell me"... people making 400k and up. As has been stated. Because that is where the cheating is occurring.
ReplyDeleteWho are the biggest tax cheats? The 1% ... A new study by a team of IRS analysts and academic economists, however, tells us that ... the 1% conceal as much as 21% of their income from tax collectors ... The unreported income for the 1%, households with more than about $420,000 in annual income, is as much as one-third higher than previously estimated... For the 0.1%, households with at least $7.5 million in annual income, it's 80% higher. [3/23/2021]
There are 3.4 million people in the top 1%. w/87,000 new IRS agents, that's one agent for every 40 men/women/children in the top 1%.
ReplyDeleteAnd given the IRS Audit history, they only recover at most 8% of the funds concealed out of those higher income categories.
ps - Wanna know where the "real cheating" occurs? With criminals who file NO INCOME TAX RETURNS (nothing to "audit").
The hiring of 87,000 is over 10 years. Many of the hires will be replacing people who will be retiring. The IRS is also understaffed. Of the new hires, many will be assisting ordinary taxpayers.
ReplyDelete"They have about 8 million unprocessed 2021 returns and only answered 11% of calls in 2021", says Bill Smith, national director of tax technical services at CBIZ MHM's National Tax Office in Washington DC" :P
All new 87k IRS agents won't be auditing taxpayers earning over 400k. Only a small percentage of them will do that.
So why make the $400 k promise?
ReplyDeleteIt was in regards to what income category would be seeing increased audits.
ReplyDeletelol! Really? How many employees does HR Block have? IRS agents must be really slow and stupid workers.
ReplyDeleteHuh? Non sequitur.
ReplyDeleteHR Block is one of the largest tax return preparers in the country. It's better than a direct comparison. The IRS audits about the same number of returns as HR Block prepares.
ReplyDeleteApparently you believe that ALL the IRS does is audit returns. Who processes the returns in the first place? Another government agency? Which one?
ReplyDeleteThis comment has been removed by the author.
ReplyDeletelol! The original 87k employees already working for them, of course. The IRS audits the returns that the processing computer algorithms spit out. You think that humans still process the returns?
ReplyDeleteNo doubt they will be hiring many programmers to keep everything current and updated.
ReplyDelete...to audit the tips of service industry workers making sub-minimum wages.
ReplyDelete^^Minus derping^^
ReplyDeletederp: The constant repeating of an opinion after facts have proved it incorrect, especially as a rhetorical tactic.
Treasury Secretary Janet L. Yellen directed IRS Commissioner Charles P. Rettig not to use the new funding to increase enforcement of taxpayers earning less than $400,000.
lol! And that's a smaller and completely different part of the IRS.
ReplyDeleteWho needs "enforcement" when you can intimidate them into voluntary compliance?
ReplyDeleteLOL. Who needs facts when "you can just bkurt out anthing"?
ReplyDelete🔺🔺"The Honorable, Esteemed And Distinguished Judge Dervish Sanders (A High IQ Bourgeois Elitist)February 18, 2023 at 4:13 PM
DeleteLOL. Who needs facts when "you can just bkurt out anthing"?"🔺🔺
Derpish is posting while half drunk.
Nun, golly gee, dieses hier Blog aint kein Stück gebratener Bratwurst auf einem großartigen Stumpfloch Bung Halter.
DeleteBeugen Sie sich, Q-tard!
HEIL SCHITTLER! HEIL SCHITTLER!
This comment has been removed by the author.
ReplyDeleteWeiße Soße ist sehr lecker!
ReplyDelete🔺🔺Genosse Derwisch,🔺🔺 Sie müssen aufhören, die vom Gelände in Ludlow Massachussets ausgegrabenen Stummelschränke zu essen. Nursie Poo Poo gibt Ihnen keine Trüffel; Er gibt dir seinen Hintern Toadhocker.
ReplyDelete