Summary

The IRS announced it has recovered $4.7 billion in back taxes and criminal proceeds since receiving $80 billion in funding through the 2022 Inflation Reduction Act.

This includes $1.3 billion from wealthy tax dodgers and $2.9 billion from criminal investigations.

Despite these gains, the IRS faces funding cuts: $1.4 billion was rescinded earlier, and $20 billion is frozen or redirected under recent budget deals.

Republicans, under a new majority, aim to further reduce IRS funding and renew Trump-era tax cuts. Trump has nominated Billy Long as the next IRS commissioner, drawing criticism from Democrats.

  • shortwavesurfer@lemmy.zip
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    1 day ago

    New headline: Thugs managed to steal $4.7 billion that they would previously have been unable to steal.

    Taxation is theft.

      • Phil_in_here@lemmy.ca
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        But you don’t understand, see, he didn’t consent to being taxed, therefore it’s theft.

        Be kind to them, they were kidnapped and imprisoned for many years since birth. The earlier years involved many forms of humiliating torture.

    • Crazyslinkz@lemmy.world
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      Why?

      Roads, schools, fire department,…

      The large one defense budget (possible theft here)…

      Why do you think “taxation is theft”?

        • chingadera@lemmy.world
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          I bet it’s that the think they will one day own the benefits of a civilized society, and want to preemptively pull the ladder up while making money off the backs of everyone else. You know, like a parasite.

      • MutilationWave@lemmy.world
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        1 day ago

        Only one argument here- the police don’t protect anyone, they protect rich people’s property. It’s been proven in court that they have no duty to “protect and serve” the people. If you get robbed right now, right this second, and call the police, they will come and take a statement from you, asking the value of the missing money and items, print it on a sheet of paper and file it in a drawer (or on a computer system).

      • shortwavesurfer@lemmy.zip
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        It sure doesn’t seem to be working because it’s still costing more and more all the time. So they’re printing it faster than they’re taking it away. But that’s not surprising since the government doesn’t tax itself.

        • MutilationWave@lemmy.world
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          What in the world are you talking about? The government doesn’t exist to profit, it’s not a corporation despite shitty people’s ideas that it should be run like one. Why would its revenue, which is all spent, be taxed? Are you saying taxes should be taxed? Where would the tax on government revenue even go?

    • Seasm0ke@lemmy.world
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      1 day ago

      Take it a step further. Private exploitation is still exploitation. Creating an ancap world without public monopoly on force will not remove exploitation or force from the world. Property is theft.