The Far Right, Rich and Corporations lave no stone untouched in their perpetual GREED for ever more wealth. A major effort is reducing and eliminating their taxes – which means YOU. will pay their share !!!!.
Consider the following article by Brian Riedl: ”Cuts to the IRS aren’t conservative,” which appeared in the 12/24/23 Washington Post Weekly, Scrooge is once again revealed!!!
“Last year, President Biden and congressional Democrats enacted $80 billion in new IRS finding for the next decade.
During the debt limit debate earlier this year, Republicans successfully negotiated a $20 billion cut in that funding. And now, in the appropriations showdown, they’re going after the rest of it.
”The IRS has long been an easy and popular target, because few of us enjoy paying taxes. And the agency has invited criticism with its history of overzealous audits, including a heavy-handed targeting of conservative nonprofit organizations during the Obama administration that fueled the latest round of GOP cuts.
[note: YOU may wish to ask what/who are the “conservative nonprofit organizations.” Exactly what were they doing? Some “conservative” nonprofits have included highly partisan political groups, among other things pushing for more tax cuts for the rich and corporations, and defunding the IRS]
“However, defunding and weakening the IRS is not conservative. To the contrary, it will ultimately drive up deficits and raise middle class taxes.
”Between 2010 and 2021, the inflation-adjusted IRS budget fell by nearly one-quarter, according to the Center on Budget and Policy Priorities. Tax enforcement staff declined by 31%, and the number of revenue agents collapsed to 1954 levels – even as the taxpaying population doubled, and the tax code grew vastly more complex. During the 2010s, audit rates fell by 54% for large corporations and 71% for millionaires. {obvious note: for GREEDY rich and GREEDY corporations – this would be “good” – so let’s keep doing it !!!]
”The amount of unpaid taxes has jumped to $625 billion per year, driven heavily by the underreporting of corporations and pass-through business income. Unpaid personal income taxes are vastly concentrated among the highest-earning 5% of taxpayers…
”Nevertheless, House Republicans recently proposed “paying for” emergency aid to Israel with IRS cuts. When the Congressional Budget Office showed that the bill’s $14 billion in IRS rescissions would REDUCE tax collections by $26 billion, House Speaker Mike Johnson [R-La.] dismissively responded that “only in Washington when you cut spending do they call it an increase in the deficit.” [read this again – does Johnson believe You are that dumb?}
”Populist pandering aside, lawmakers understand that collecting money requires staff and salaries. The original $80 billion in new IRS funding – to be split between taxpayer services, operations, modernization and enforcement focused on upper-income taxpayers – was projected to bring in $180 billion over the decade.” [note”: remember what was said earlier – $625 billion A YEAR, not 10 years – is currently NOT being aid – thus America has an increasing national debt, and some, mostly “conservatives” – want to cut programs, including Social Security and Medicare. S. – the real “trade off is this: America doesn’t enforce its tax collection for millionaires and billionaires and corporations -so therefore, we “must” cut programs and services to ordinary people. - thus THE Threat to Democracy by the rich and corporations.]
So, dear people – here it is – in black and white – either America enacts real progressive taxation – AND ENFORCES THOSE TAX LAWS – or we have what Justice Brandeis warned many decades ago: a GREEDY plutocracy by the rich and the corporations they control. More will be said; more numbers provided, in future posts.
The unspun data prove without any doubt aren’t even paying close to their fair share – every year. If this doesn’t bother YOU – then maybe America is already dead as a “democracy.”
With Justice For All 