The U.S. Department of the Treasury and IRS announced a "major milestone" of collecting more than $1 billion in past-due taxes from millionaires.
  • The Treasury Department and the IRS announced the collection of more than $1 billion in tax debt from high-income individuals over the past year.
  • In September, the IRS announced plans to expand its scrutiny of those making more than $1 million annually with more than $250,000 in recognized tax debt.
  • However, the funding enacted in 2022 that is allowing the IRS to pursue its plans still has its critics, particularly among congressional Republicans.
  • @laverabeEnglish
    3•23 days ago

    Political control is largely a byproduct of media control/propaganda. No amount of reason will protect against never ending repetition of lies. (ie: Fox news profit model)

    Im a Fiscally Responsible Republican and this is HORRIBLE! We would be MUCH better off if instead of having Job producers paying Taxes we instead had welfare queens and freeloaders paying Taxes!

    It’s not true, but if I repeat the narrative 100x and the truth only once, the narrative wins.