Oh looky here

[EvilWayz]

I believe I was told the IRS needed 86k new employees to go after 500 billionaires who don't pay their fair share...


"The agency’s proposed rulemaking would classify certain types of insurance arrangements that let small businesses benefit from tax breaks as either “listed transactions” or “transactions of interest,” making it easier for the IRS to disallow certain claimed tax benefits."

IRS Moves to Crack Down on Tax Shelters for Small Businesses

www.theepochtimes.com

 

[Gator Fever]

They are definitely coming after crypto and under the table transactions it appears. That mess about just targeting the rich was nonsense.

 

[fatman76]

They are definitely coming after crypto and under the table transactions it appears. That mess about just targeting the rich was nonsense.

It always is. We already have a very progressive tax code.

 

[EvilWayz]

It always is. We already have a very ILLEGAL tax code.

FIFY

 

[fatman76]

FIFY

The first step towards a socialist utopia is punishing success.

 

[RayGravesGhost]

They are definitely coming after crypto and under the table transactions it appears. That mess about just targeting the rich was nonsense.

I guess that means poor people are involved in crypto & under the table transactions?

 

[RayGravesGhost]

It always is. We already have a very progressive tax code.

Its always funny to listen to who in the end supports the current tax code...loopholes and all

 

[Gator Fever]

I guess that means poor people are involved in crypto & under the table transactions?

A lot of non-wealthy people are. Its one reason they want cash gone so they can track everything.

 

[RayGravesGhost]

A lot of non-wealthy people are. Its one reason they want cash gone so they can track everything.

A lot of poor people own crypto? 🤣 Please stop while your behind.

Enforcement of tax laws threatens only one group...tax cheats

Defunding the IRS by the GOP is being remedied by the Biden admin

 

[EvilWayz]

A tax code weighs more than a small child. After BATFE there is no more bloated or useless organization than the IRS.

 

[BCSpell]

I believe I was told the IRS needed 86k new employees to go after 500 billionaires who don't pay their fair share...


"The agency’s proposed rulemaking would classify certain types of insurance arrangements that let small businesses benefit from tax breaks as either “listed transactions” or “transactions of interest,” making it easier for the IRS to disallow certain claimed tax benefits."

IRS Moves to Crack Down on Tax Shelters for Small Businesses

www.theepochtimes.com

No surprise here. Do not forget, if a DEM is speaking, they are lying.

 

[RayGravesGhost]

A tax code weighs more than a small child. After BATFE there is no more bloated or useless organization than the IRS.

Bloated? You're living in a fantasy world...its one of the most understaffed.

Closely followed by the Securities Exchange Commission and the Federal Elections Commission

 

[Gator Fever]

A lot of poor people own crypto? 🤣 Please stop while your behind.

Enforcement of tax laws threatens only one group...tax cheats

Defunding the IRS by the GOP is being remedied by the Biden admin

lol ....Yes a lot of non-wealthy people got into crypto after it shot to the stratosphere and they ran the Super Bowl commercials etc.

 

[EvilWayz]

Bloated? You're living in a fantasy world...its one of the most understaffed.

Closely followed by the Securities Exchange Commission and the Federal Elections Commission

Understaffed according to whom, them? If you can tell me the current number of armed treasury agents attached to the IRS without looking it up I will bow out of the thread.

 

[RayGravesGhost]

lol ....Yes a lot of non-wealthy people got into crypto after it shot to the stratosphere and they ran the Super Bowl commercials etc.

You keep using general terms like "a lot" or "non-wealthy"...

If the Biden admin's new funding for IRS is wrapped up in some new conservative conspiracy theory

Who is affected by it? Poor people or Rich people?

Your issue is that rich people are coming under greater scrutiny?
Aren't they the bigger tax cheats?


And the advocates for crypto in those Super Bowl ads...were they a lot of poor people or rich ones?

 

[goldmom]

A lot of poor people own crypto? 🤣 Please stop while your behind.

Enforcement of tax laws threatens only one group...tax cheats

Defunding the IRS by the GOP is being remedied by the Biden admin

OMG
The naive mated with the dumb and their offspring are posting here...🙄

 

[RayGravesGhost]

OMG
The naive mated with the dumb and their offspring are posting here...🙄

Besides adding some more useless opinion did you have something specifically relevant to add?

 

[jsfgators]

Besides adding some more useless opinion did you have something specifically relevant to add?

^^^This dude thinks men have periods.

 

[NavigatorII]

I believe I was told the IRS needed 86k new employees to go after 500 billionaires who don't pay their fair share...


"The agency’s proposed rulemaking would classify certain types of insurance arrangements that let small businesses benefit from tax breaks as either “listed transactions” or “transactions of interest,” making it easier for the IRS to disallow certain claimed tax benefits."

IRS Moves to Crack Down on Tax Shelters for Small Businesses

www.theepochtimes.com

Obozo gaveth, the Potato taketh away. The main crux of the article deals with this:

The small business health care tax credit is another feature of the ACA, but it is limited to employers of fewer than 25 employees. Some small businesses are doing this:

Captive insurance is a legitimate tax structure for small-business owners. Premiums paid to a captive insurer can be tax deductible if the arrangement meets certain risk-distribution standards.

Effectively it is a form of self insurance where premiums are invested to self insure risk of loss. Insurance premiums are deductible for tax purposes. Only the investment income from the arrangement is taxable.

This is what the Pants shitter in Chief is going after??? Trump was right, they aren't coming for him, they are coming for us.

 

[NavigatorII]

^^^This dude thinks men have periods.

I can't see his insane drivel but keep me posted. 😂

 

[Capt Ron 1]

^^^This dude thinks men have periods.

He also believe there are as many genders as ice cream flavors at Bressler's

 

[kjfreeze]

I guess that since they "are not" going after the filthy rich, @BSC911 can breath easier since he owns 5 yachts and has multiple houses across the USA and goes on vacations weekly, but still finds to dive onto this website and cuss with us low-lifes.

 

[NavigatorII]

I guess that since they "are not" going after the filthy rich, @BSC911 can breath easier since he owns 5 yachts and has multiple houses across the USA and goes on vacations weekly, but still finds to dive onto this website and cuss with us low-lifes.

You do know the old saying about hanging a pork chop around one's neck so the dog will play with them? 😂