Biden Executive Branch
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will park this here.._____________________________________SIGNATURE________________________________________________
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another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
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Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
This is good but almost completely unenforceable. There are way too many of these companies engaging in this activity and they won't stop unless subject to direct regulatory action.mickeyrat said:
For example, every time you get one of these calls, and you hear that beep before someone speaks, if it's on your cell then that's a violation of the TCPA. You can't use a predictive dialer to call a cell phone without direct consent. But every one of us gets multiple calls like this per day and every one is a regulatory break. Doesn't matter. The Fed can't stop it. This will be the same.0 -
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Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
https://apnews.com/article/irs-tax-gap-audits-inflation-reduction-act-e0dcb9bc52cfcdd8fc40caa2c04e8011 IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new fundingIRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new fundingBy FATIMA HUSSEIN6 Feb 2024
WASHINGTON (AP) — The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated, according to new analysis released Tuesday by the Treasury Department and the IRS.
Tax revenues are expected to rise by as much as $561 billion from 2024 to 2034, thanks to stepped-up enforcement made possible with money from the Democrats’ Inflation Reduction Act, which became law in August 2022.
The Congressional Budget Office in 2022 estimated that the tens of billions of new IRS funding provided by the IRA would increase revenues by $180.4 billion from 2022 to 2031. The IRS now says that if IRA funding is restored, renewed and diversified, estimated revenues could reach as much as $851 billion from 2024 to 2034.
Administration officials are using the report to promote President Joe Biden's economic agenda as he campaigns for reelection — and as the IRS continually faces threats to its funding.
“This analysis demonstrates that President Biden’s investment in rebuilding the IRS will reduce the deficit by hundreds of billions of dollars by making the wealthy and big corporations pay the taxes they owe," National Economic Adviser Lael Brainard said in a statement.
“Congressional Republicans’ efforts to cut IRS funding show that they prioritize letting the wealthiest Americans and big corporations evade their taxes over cutting the deficit," Brainard said.
The Inflation Reduction Act gave the IRS an $80 billion infusion of funds. However, House Republicans built a $1.4 billion reduction to the IRS into the debt ceiling and budget cuts package passed by Congress last summer. A separate agreement took an additional $20 billion from the IRS over the next two years to divert to other non-defense programs.
Since then, the agency has tried to show how it is spending the money it has left, in hopes of stemming the cuts. New customer service improvements rolled out as the tax season began Jan. 29, and earlier this month the IRS announced that it had recouped half a billion dollars in back taxes from rich tax cheats.
Rep. Jason Smith, the Republican chairman of the House Ways and Means Committee, said in a statement that the report “calls for even more IRS funding, uses pie-in-the-sky numbers, all without being straightforward about where the burdens of massive new enforcement efforts will fall." He said increased funding will inevitably result in hundreds of thousands of additional audits for taxpayers making less than $75,000.
After the IRA was signed into law, Treasury Secretary Janet Yellen directed IRS leadership not to increase audit rates on people making less than $400,000 a year annually.
Ensuring that people actually pay their taxes is one of the tax collection agency’s biggest challenges. The audit rate of millionaires fell by more than 70% from 2010 to 2019 and the audit rate on large corporations fell by more than 50%, Treasury's Deputy Assistant Secretary for Tax Analysis Greg Leiserson told reporters. IRA funding "is enabling the IRS to reverse this trend,” Leiserson said.
The tax gap — which is the difference between taxes owed and taxes paid — has grown to more than $600 billion annually, according to the IRS.
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Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
Nothing like motivating large corporations and the wealthy to donate untold sums to your opponent and their super PAC. Way to go Brandon!mickeyrat said:https://apnews.com/article/irs-tax-gap-audits-inflation-reduction-act-e0dcb9bc52cfcdd8fc40caa2c04e8011 IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new fundingIRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new fundingBy FATIMA HUSSEIN6 Feb 2024WASHINGTON (AP) — The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated, according to new analysis released Tuesday by the Treasury Department and the IRS.
Tax revenues are expected to rise by as much as $561 billion from 2024 to 2034, thanks to stepped-up enforcement made possible with money from the Democrats’ Inflation Reduction Act, which became law in August 2022.
The Congressional Budget Office in 2022 estimated that the tens of billions of new IRS funding provided by the IRA would increase revenues by $180.4 billion from 2022 to 2031. The IRS now says that if IRA funding is restored, renewed and diversified, estimated revenues could reach as much as $851 billion from 2024 to 2034.
Administration officials are using the report to promote President Joe Biden's economic agenda as he campaigns for reelection — and as the IRS continually faces threats to its funding.
“This analysis demonstrates that President Biden’s investment in rebuilding the IRS will reduce the deficit by hundreds of billions of dollars by making the wealthy and big corporations pay the taxes they owe," National Economic Adviser Lael Brainard said in a statement.
“Congressional Republicans’ efforts to cut IRS funding show that they prioritize letting the wealthiest Americans and big corporations evade their taxes over cutting the deficit," Brainard said.
The Inflation Reduction Act gave the IRS an $80 billion infusion of funds. However, House Republicans built a $1.4 billion reduction to the IRS into the debt ceiling and budget cuts package passed by Congress last summer. A separate agreement took an additional $20 billion from the IRS over the next two years to divert to other non-defense programs.
Since then, the agency has tried to show how it is spending the money it has left, in hopes of stemming the cuts. New customer service improvements rolled out as the tax season began Jan. 29, and earlier this month the IRS announced that it had recouped half a billion dollars in back taxes from rich tax cheats.
Rep. Jason Smith, the Republican chairman of the House Ways and Means Committee, said in a statement that the report “calls for even more IRS funding, uses pie-in-the-sky numbers, all without being straightforward about where the burdens of massive new enforcement efforts will fall." He said increased funding will inevitably result in hundreds of thousands of additional audits for taxpayers making less than $75,000.
After the IRA was signed into law, Treasury Secretary Janet Yellen directed IRS leadership not to increase audit rates on people making less than $400,000 a year annually.
Ensuring that people actually pay their taxes is one of the tax collection agency’s biggest challenges. The audit rate of millionaires fell by more than 70% from 2010 to 2019 and the audit rate on large corporations fell by more than 50%, Treasury's Deputy Assistant Secretary for Tax Analysis Greg Leiserson told reporters. IRA funding "is enabling the IRS to reverse this trend,” Leiserson said.
The tax gap — which is the difference between taxes owed and taxes paid — has grown to more than $600 billion annually, according to the IRS.
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IRS launches crackdown on 125,000 wealthy ‘non-filers’
Internal Revenue Service Commissioner Danny Werfel, testifies during a House Ways and Means Committee hearing on Capitol Hill, Thursday, Feb. 15, 2024, in Washington. (AP Photo/Mariam Zuhaib)
Updated 5:27 PM EST, February 29, 2024WASHINGTON (AP) — The IRS plans to go after 125,000 high-income earners who did not file tax returns going back to 2017 — and the agency says hundreds of millions of dollars of unpaid taxes are involved in these cases.
Beginning this week, the IRS will start sending out noncompliance letters to more than 25,000 people who earn more than $1 million per year and 100,000 people with incomes between $400,000 and $1 million who failed to pay their taxes between 2017 and 2021.
The campaign announced Thursday is part of the agency’s ongoing effort to pursue high wealth tax cheats — mandated in part by funding provided through Democrats’ Inflation Reduction Act passed into law in 2022 and a directive from Treasury Secretary Janet Yellen to IRS leadership not to increase audit rates on people making less than $400,000 a year annually.
“When people don’t file a tax return they’re required to, it’s not fair to those hardworking taxpayers who responsibly do their civic duty under the laws of our nation,” IRS Commissioner Daniel Werfel told reporters Thursday morning.
continues....
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Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
_____________________________________SIGNATURE________________________________________________
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
_____________________________________SIGNATURE________________________________________________
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
_____________________________________SIGNATURE________________________________________________
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
since the 46 thread is shut down...
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Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
It is interesting. A party investigates Trump for 8 years, and then pardons everyone they think Trump might want to investigate. It is just ironic.0
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uh....pardons are being given to people who were doing their jobs. The pardons are to help them keep trump from ruining their lives by constant litigation for nothing.bootlegger10 said:It is interesting. A party investigates Trump for 8 years, and then pardons everyone they think Trump might want to investigate. It is just ironic.Remember the Thomas Nine !! (10/02/2018)
The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
2020: Oakland, Oakland: 2021: EV Ohana, Ohana, Ohana, Ohana
2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
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bootlegger10 said:It is interesting. A party investigates Trump for 8 years, and then pardons everyone they think Trump might want to investigate. It is just ironic.More “both sides” BS logic
investigation - inquiry to discover
vs
”enemy within…the bigger problem are people from within…these radical left lunatics are very bad people…this can easily be handled by the military “
One would hope that a fan who has taken such time and effort to see PJ so many times would understand differences here.
yet here we are, with a fan unabashedly supporting maga by exhibiting such a basic inability to understand and distinguish maga intimidation and threat0 -
Are you familiar with the Speech and Debate Clause of the Constitution? I recommend you familiarize yourself before posting such comments. This is fundamentally a political and financial protection for them. Being investigated is very expensive, even when in vain. And one thing you cannot do is out-lawyer the DOJ.bootlegger10 said:It is interesting. A party investigates Trump for 8 years, and then pardons everyone they think Trump might want to investigate. It is just ironic.0 -
Quite the leaps here. I just said it was ironic. Trump was charged and convicted for some of his charges, so it is tough to feel too sorry for him.Lerxst1992 said:bootlegger10 said:It is interesting. A party investigates Trump for 8 years, and then pardons everyone they think Trump might want to investigate. It is just ironic.More “both sides” BS logic
investigation - inquiry to discover
vs
”enemy within…the bigger problem are people from within…these radical left lunatics are very bad people…this can easily be handled by the military “
One would hope that a fan who has taken such time and effort to see PJ so many times would understand differences here.
yet here we are, with a fan unabashedly supporting maga by exhibiting such a basic inability to understand and distinguish maga intimidation and threat
I guess Trump should have just stayed silent and did what the Dems did and just investigate everything they possible could without issuing their plan. Trump was dumb and opened his mouth and said his gameplan out loud.
I voted for Kamala. I don't agree with blanket pardons. I get that we also want qualified people to serve in roles in government without fear of being sued frivolously. I just don't know where the line is.
And as an FYI, I'm in text debate with a friend who is pro Trump and I'm saying Trump was just asking to be investigated by saying all of his awful rhetoric. I think people are too extreme to one side. This board is extreme left. Very few moderates post on here because the moment you try to have a reasonable debate on something, you are labeled MAGA. So I rarely post here. Just by posting the irony of pardoning people in case the person you've investigated for 8 years decides to do the same means I'm a MAGA.Post edited by bootlegger10 on0 -
psst, it was 4 years of investigation. maybe had the press been more dutiful in their jobs in 2015-16 we wouldnt be here today. but ratings, you know.
_____________________________________SIGNATURE________________________________________________
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
Trump was investigated from 2016 until 2024 on a myriad of things stemming largely from political motivations.mickeyrat said:psst, it was 4 years of investigation. maybe had the press been more dutiful in their jobs in 2015-16 we wouldnt be here today. but ratings, you know.0 -
lol...drink more kook aidbootlegger10 said:
Trump was investigated from 2016 until 2024 on a myriad of things stemming largely from political motivations.mickeyrat said:psst, it was 4 years of investigation. maybe had the press been more dutiful in their jobs in 2015-16 we wouldnt be here today. but ratings, you know.Remember the Thomas Nine !! (10/02/2018)
The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
2020: Oakland, Oakland: 2021: EV Ohana, Ohana, Ohana, Ohana
2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana; 2025: Pitt1, Pitt20
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