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I.R.S. Deploys Artificial Intelligence to Target Rich Partnerships (www.nytimes.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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.

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[–] fubo@lemmy.world 41 points 1 year ago (1 children)

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@lemmy.zip 13 points 1 year ago (1 children)

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

[–] Noodle07@lemmy.world 5 points 1 year ago (1 children)

America has never been fixed since Reagan

[–] Bernie_Sandals@lemmy.world 4 points 1 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.