Current Events > Millionaires steal at least 150 billion annually from the US.

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ClayGuida
03/29/24 9:23:33 AM
#1:


https://twitter.com/DarrigoMelanie/status/1773687825000484906

But tell me more petty street crime.

This along with corporations stealing hundreds of billions through wage theft from the working class. Perhaps corporations shouldn't be considered people and they shouldn't decide elections.

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CADE_FOSTER
03/29/24 9:26:48 AM
#2:


What about billionaires
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Were_Wyrm
03/29/24 9:27:00 AM
#3:


But one day I'll be a billionaire and don't want to pay those taxes.

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ClayGuida
03/29/24 9:27:10 AM
#4:


CADE_FOSTER posted...
What about billionaires
They're also millionaires.

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lolAmerica
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Southernfatman
03/29/24 9:28:03 AM
#5:


That's fine. Now someone on government benefits buying some candy? That's the real theft!

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Devilanse333
03/29/24 9:31:14 AM
#6:


Rich people work the system to avoid paying taxes? What a scoop!

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ClayGuida
03/29/24 9:34:31 AM
#7:


Devilanse333 posted...
Rich people work the system to avoid paying taxes? What a scoop!
This is why they continue to get away with this and further destroy out society.

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lolAmerica
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CADE_FOSTER
03/29/24 9:37:22 AM
#8:


We already know they were lying about higher theft rates they admitted it
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trappedunderice
03/29/24 9:43:24 AM
#9:


https://m.youtube.com/watch?v=QTcxU7SRMZA&pp=ygUoRHVtYiBhbmQgZHVtYmVyIHRoaXMgcGlzc2VzIG1zIHJpZ2h0IG9mZg%3D%3D
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emblem-man
03/29/24 9:57:09 AM
#10:


https://www.cnbc.com/2024/02/22/tax-evasion-by-wealthiest-americans-tops-150-billion-a-year-irs.html

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.

The IRS is touting its early success with a program to collect unpaid taxes from millionaires. The agency identified 1,600 millionaire taxpayers who have failed to pay at least $250,000 each in assessed taxes. So far, the IRS has collected more than $480 million from the group "and we are still going," Werfel said.

On Wednesday, the agency announced a program to audit owners of private jets, who may be using their planes for personal travel and not accounting for their trips or taxes properly. Werfel said the agency has started using public databases of private-jet flights and analytics tools to better identify tax returns with the highest likelihood of evasion. It is launching dozens of audits on companies and partnerships that own jets, which could then lead to audits of wealthy individuals.

Werfel said that for some companies and owners, the tax deduction from corporate jets can amount to "tens of millions of dollars."

Fund the tax police
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CADE_FOSTER
03/29/24 9:58:48 AM
#11:


Well if not for republicans gutting and under funding the IRS we could actually do things
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ClayGuida
03/29/24 10:05:32 AM
#12:


emblem-man posted...
Werfel said the agency has started using public databases of private-jet flights and analytics tools to better identify tax returns with the highest likelihood of evasion. It is launching dozens of audits on companies and partnerships that own jets, which could then lead to audits of wealthy individuals.
No wonder Musk waged a war on those following his jet practices.

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