11/29/2023 0 Comments Where is it 5am right nowIt’s about going after lawbreakers.Īnd yet, the IRS audit force has been shrinking year after year. Because this is not about raising taxes, it’s not about imposing a new wealth tax, it’s just making people pay what they already owe. It bugs me regardless of what’s in the bill itself. ![]() ![]() There’s the discrepancy.Īnd I’ll admit, that bugs me. They figure he’ll get less than half that amount. Biden expected to collect an extra $400 billion by stricter enforcement of the tax rules – but the accountants said no way is that going to happen. ![]() So, now that we know how much the bill would increase the debt, let’s find out why the President said it wouldn’t.Īpparently, he was a little too generous in estimating the extra tax revenue that the IRS would collect from his plan to beef up tax investigations.
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