I.R.S. Deploys Artificial Intelligence to Target Rich Partnerships::The tax agency is opening examinations into large hedge funds, private equity groups, real estate investors and law firms.

  • @fubo
    link
    English
    411 year ago

    They stopped going after the very rich because their budget was cut to the bone and they couldn’t afford to fight a protracted lawsuit and possibly lose.

    They stopped going after the very rich because they were tactically underfunded by a corrupt administration that explicitly wanted them to stop going after the very rich. That administration then got voted out of office, so the rules are different now.

    • Cethin
      link
      fedilink
      English
      131 year ago

      You’re correct, but it didn’t happen under Trump. It was under Reagan I believe. It’s never been fixed.

      • @Noodle07
        link
        English
        51 year ago

        America has never been fixed since Reagan

        • @Bernie_Sandals
          link
          English
          41 year ago

          It’s crazy how many problems in this country can be tied back to either Reagan’s fuck ups not being fixed or FDR not going far enough.