this post was submitted on 12 Dec 2023
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A Boring Dystopia

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[โ€“] Knightfox@lemmy.one 5 points 11 months ago* (last edited 11 months ago) (1 children)

A big part of it is reporting requirements, despite what some people think different portions of the government have different requirements. The reason a person gets inquiries about Venmo payments is because the IRS requires corporations to report that information to them and it's a mainly automated process.

Regulatory reporting requirements of Corporations to the IRS can't be copy pasted onto Pentagon spending reconciliation.

A better comparison, that is still not accurate, would be a cash business that has to report income to the IRS and has trouble getting granular details organized.

Complaints about transparency and accountability on the Pentagon budget are a valid complaint, but this is a poor example.

[โ€“] Crashumbc@lemmy.world 1 points 11 months ago

Cash business is a great example, considering 99% under-report their income by a huge amount...