U.S. News

2243 readers

81 users here now

News about and pertaining to the United States and its people.

Please read what's functionally the mission statement before posting for the first time. We have a narrower definition of news than you might be accustomed to.

Guidelines for submissions:

Post the original source of information as the link.
If there is a paywall, provide an archive link in the body.
Post using the original headline; edits for clarity (as in providing crucial info a clickbait hed omits) are fine.
Social media is not a news source.

For World News, see the News community.

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 1 year ago

MODERATORS

alyaza@beehaw.org

rs5th@beehaw.org

Powderhorn@beehaw.org

123

IRS Collected Half a Billion Dollars in Back Taxes From Delinquent Millionaires in 2023, Sentencing Some to Prison (www.goodnewsnetwork.org)

submitted 9 months ago by tardigrada@beehaw.org to c/usnews@beehaw.org

7 comments fedilink hide all child comments

The Internal Revenue Service says it collected $482 million from wealthy tax cheats last year, in a continuing effort to step up their enforcement.

The IRS released their year-end progress report this month, saying they will continue to audit large corporations, high-income individuals, and complex partnerships who are not paying their fair share of U.S. taxes.

The agency says it pursued 1,600 millionaires to recoup the overdue tax payments and will not stop now.

you are viewing a single comment's thread
view the rest of the comments

[–] furrowsofar@beehaw.org 5 points 9 months ago

It is also much harder to go after billionaires. They can hide things better and also litigate better. I feel like certain people do not want to fund the IRS is the tax cheat lobby.