Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasBushwhacker

(21,289 posts)
3. Yes BUT
Sun Jan 1, 2023, 10:23 PM
Jan 2023

Now that the IRS will be receiving an influx of cash over the next 9 years, they will, hopefully, be able to perform audits more often and more thoroughly. I hope they decide to pay enough to that they can attract the best and brightest forensic accountants to come work for them.

The people and businesses cheat on their taxes because chances are, they'll NEVER get audited. It shouldn't be that way. Until we get better at collecting the fair taxes that are owed, even under the current laws, we would be much better off increasing the likelihood of audits to the point that people and businesses look at it as not IF they get audited but WHEN they get audited. That should increase voluntary compliance. Then we can start talking about new tax laws.

I would also change the current IRS whistleblower law:

https://www.irs.gov/about-irs/whistleblower-office-at-a-glance

You can get 15 to 30% of the amount the IRS collects because of your tip, but only if the amount is over $2 Million. That is just plain BS. I know a guy who hasn't filed income taxes in over 10 years, but it's unlikely he owes more than $200K.

I would also get rid of stepped up basis for heirs other than spouses. The United States shouldn't be in the business of perpetuating dynasties at the regular US taxpayers' expense.

Recommendations

0 members have recommended this reply (displayed in chronological order):

There's a difference between "has had" and "has audited" dpibel Jan 2023 #1
This message was self-deleted by its author sl8 Jan 2023 #22
The IRS admits it doesn't even try to enforce compliance with the law when it comes to the wealthy RockRaven Jan 2023 #2
Yes BUT TexasBushwhacker Jan 2023 #3
Call me a pessimist... WarGamer Jan 2023 #4
Unfortunately uponit7771 Jan 2023 #10
Does there have to get a monetary award to do the right thing and turn in a tax cheat? MichMan Jan 2023 #9
Of course not TexasBushwhacker Jan 2023 #11
Can't people be reported anonymously ? MichMan Jan 2023 #20
Oh, I'm sure they do their best to maintain anonymity TexasBushwhacker Jan 2023 #24
Hope that's not used by people who just have personal differences. WarGamer Jan 2023 #14
and some pitches are straight down the middle nightwing1240 Jan 2023 #5
I'm a big fan of Senator Warren... WarGamer Jan 2023 #12
Existing laws were broken by TFG. So there's that. 🤷🏽‍♀️ live love laugh Jan 2023 #6
not so as the IRS has told us stopdiggin Jan 2023 #7
The IRS doesn't have to tell us if he broke the law. live love laugh Jan 2023 #16
then by all means, I invite them to alert stopdiggin Jan 2023 #17
LOL live love laugh Jan 2023 #18
an example from another OP stopdiggin Jan 2023 #19
If he's violated state laws, odds are about 100% that he has violated federal law. W_HAMILTON Jan 2023 #26
actually tax law, and enforement mechanisms stopdiggin Jan 2023 #27
I don't want to give away my profession, but let's just say... W_HAMILTON Jan 2023 #28
fair enough. and I will accept your stopdiggin Jan 2023 #29
Yes, but part of the problem is that there isn't enough resources or will power to go after... W_HAMILTON Jan 2023 #30
thank you. I'm in complete agreement stopdiggin Jan 2023 #31
With The repubs Controlling The House, There Is ZERO Chance Of Any Changes SoCalDavidS Jan 2023 #8
True... but this should have never been allowed to be the wet kiss the wealthy now receive. WarGamer Jan 2023 #13
The repubs Fear A Progressive Tax Structure SoCalDavidS Jan 2023 #15
This message was self-deleted by its author sl8 Jan 2023 #21
Shit in 1 hand and support changing the tax law in the other... maxsolomon Jan 2023 #23
Trumps wasn't audited, as he should have been per the IRS's own regulations. W_HAMILTON Jan 2023 #25
Latest Discussions»General Discussion»My face is blue... one mo...»Reply #3