The IRS has collected $1.3 billion from high-wealth tax dodgers since last fall, the agency announced Friday, crediting spending that has ramped up collection enforcement through President Joe Biden’s signature climate, health care and tax package signed into law in 2022.

Treasury Secretary Janet Yellen and IRS Commissioner Danny Werfel traveled to Austin, Texas, to tour an IRS campus and announce the latest milestone in tax collections as Republicans warn of big future budget cuts for the tax agency if they take over the White House and Congress.

Yellen said in a speech in Austin that in 2019, the top one percent of wealthy Americans owed more than one-fifth of all unpaid taxes, “leaving ordinary Americans to shoulder the burden.”

  • Cryophilia@lemmy.world
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    13 days ago

    Fund👏the👏IRS👏

    Oh noes they’re gonna do investigations and prosecutions? Fuck you, pay your taxes. There is zero moral justification for refusing to properly fund the IRS.

    • RubberDuck@lemmy.world
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      12 days ago

      As long as the audits focus on high value targets. It should not mean predominantly auditing the mass as there is more fuckery with more money at the top.

  • Lem Jukes@lemm.ee
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    12 days ago

    annoying how even 1.3 with a b feels like a drop in the bucket of what’s being stolen from us.

  • auzy@lemmy.world
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    11 days ago

    Where are all the people saying the parties are exactly the same?

    Funny, every single other thread these days have maga trolls discouraging left wingers from voting.

    But when it comes to these kind of threads where the difference is obvious, the conservative lobbyists seem to disappear

    Again, they’re not the same

  • callouscomic@lemm.ee
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    12 days ago

    At about $35.353 trillion right now, I believe this makes a 0.0036772% dent in the US national debt.

    I’m pretty sure the debt increases by about $10 billion per day recently.

    • auzy@lemmy.world
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      11 days ago

      What does that have to do with anything?

      Oh right… You’ve gotta somehow turn this into an anti Biden thing somehow and do the whole “both parties are the same” thing.

      It’s a start, and if you want things to improve, keep voting left.

      • callouscomic@lemm.ee
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        9 days ago

        Literally has nothing to do with Biden for me. I like numbers and it was something neat to compare against. Not everything is about presidential politics for everyone.