Jump to content

Backintheday544

Community Member
  • Posts

    1,857
  • Joined

  • Last visited

Everything posted by Backintheday544

  1. The data book had the raw numbers on recruitment. Most stay in the IRS once there. A lot of people use it as a retirement plan and come at the end of their career and stay until the pension kicks in and retires). From the attorney side a lot will just stay until Public Student loan forgiveness kicks in and then leave for greener pastures. All IRS CI agents I know have been there a long time and don’t plan on leaving.
  2. https://www.cbsnews.com/amp/news/irs-plans-audit-increase-who-will-be-targeted/ The IRS plans to triple the audit rates on large corporations with assets of more than $250 million. Audit rates for these companies will rise to 22.6% in tax year 2026 from 8.8% in 2019. Large partnerships with assets of more than $10 million will see their audit rates increase 10-fold, rising to 1% in tax year 2026 from 0.1% in 2019. Wealthy individuals with total positive income of more than $10 million will see their audit rates rise 50% to 16.5% from 11% in 2019 Their strategic plan calls for exactly that in 2024 as IRA funds hit the agency and agents are trained.
  3. They said they wouldnt increase audits with the use of Inflation Reduction Act funds. You can’t just stop auditing people under $400k. 1) it’s a substantial population 2) everyone would put they made $399,999 on their returns.
  4. For people under $200,000 of income, audit coverage is about 0.1 percent whereas audit coverage peaks at 3 percent for people in higher incomes.
  5. You can have fun going through all the IRS statistics: https://www.irs.gov/statistics/soi-tax-stats-irs-data-book We have the 2023 tax gap estimate at $688 billion per year: https://www.irs.gov/newsroom/irs-updates-tax-gap-projections-for-2020-2021-projected-annual-gap-rises-to-688-billion#:~:text=The %24688 billion gross tax,taxes and underpayment of taxes. 2023 Federal deficit was $1.7 trillion. So about 1/3 of our deficit is attributable to the Tax Gap in 2023. I don’t know how funding the IRS properly isn’t a bipartisan issue.
  6. You don’t have to do fake math in your head when CBO has scored it with real data. “The IRS’s ROIs ramp up over three years as staff become trained and fully productive, arrive at the peak level, and then stay there. In recent years, peak ROIs have ranged from 5 to 9. That is, a $1 increase in spending on the IRS’s enforcement activities results in $5 to $9 of increased revenues.“ https://www.cbo.gov/publication/57444 Back up data is in the IRS Databook as well. I think any business would love an ROI of $5 to $9 for every dollar spent.
  7. How many people in the US do you think make more than $200,000? The last number I saw was 12 percent. So if 66 percent of audits were on 88 percent of the population, you’re hitting the richest 12 percent with 34 percent of audits. We can see that with this stat: ”As part of larger efforts taking place, the IRS has stepped up activity specifically on 1,600 individuals whose incomes were more than $1 million per year and who each owed the IRS more than $250,000 in recognized tax debt. Since last fall, this IRS compliance effort has generated more than $1 billion in collections from this group, with work continuing in this area” https://www.irs.gov/newsroom/irs-tops-1-billion-in-past-due-taxes-collected-from-millionaires-compliance-efforts-continue-involving-high-wealth-groups-corporations-partnerships They brought in a billion dollars of taxes from 1,600 people. Good work IRS. Keep it up!
  8. The language of the platform is to keep “Christian hating communists, Marxist and socialists.” so if a communist comes, we just ask hey do you hate Christianity? And if they’re like eh I’m indifferent, then they can come in because they don’t hate Christianity if they’re indifferent to it.
  9. Atleast they’ll allow Marxist and communist that don’t hate Christianity.
  10. So we can focus on what we do know. And we do know a witness laid out what was in that tweet that Trump specifically did. You cant wash that away with oh the left is after him since that testimony was before Trump ran for President. This is a non/politically motivated individual saying Trump raped them as a 12/13 year old. Them throw money at her and said get an abortion.
  11. Let’s not lose track of what was released. It’s a really tough read to know someone would do things like that to a minor. (keep in mind this grand jury was before Trump ran for any office and released by a Republican)
  12. Because as of yesterday 538 is showing it a toss up with Biden gaining ground: https://projects.fivethirtyeight.com/2024-election-forecast/?cid=rrpromo Plus we all remember what a front it was to Democracy when Biden stayed in his “bunker” in 2020 according to the MAGAs here.
  13. That’s got to be losing him support from his followers Remember when not being seen for a week was such a big deal for them with Hilary?
  14. lol I’m sorry if you think Trump is a shoe in. 538 has Biden closing in on Trumps in the odds. The fact that it’s a 51/49 call right now after the debate performance shows how unliked this platform and Trump are. https://projects.fivethirtyeight.com/2024-election-forecast/?cid=rrpromo
  15. Actually none of it forgiven so far has been due to financial irresponsibility. The majority was Public Student loan forgiveness where people go to the public sector for 10 years and loans are forgiven. This is part of the loan contract signed at the times of schooling. The rest of it was mainly due to fraudulent schools or incorrect payment counts for Income based repayment forgiveness (which was also part of the loans contracts)
  16. The funny thing with this is the rights refusal to see facts. It’s actually a bit disingenuous Biden admin taking credit for a lot it when it’s just terms on contracts they’re upholding. Theres a breakout of what that amount is: “$5.2 billion for 66,900 borrowers through fixes to PSLF: The Administration has now approved $68 billion in forgiveness for more than 942,000 borrowers through PSLF. $613 million for 54,300 borrowers through the SAVE Plan: This relief will go to borrowers enrolled in the SAVE Plan who had smaller loans for their postsecondary studies. Borrowers can receive relief after at least 10 years of payments if they originally borrowed $12,000 or less. Each additional $1,000 in borrowing adds 12 more months until forgiveness. All borrowers on the SAVE Plan receive forgiveness after 20 or 25 years, depending on whether they have loans for graduate school. The benefit is based upon the original principal balance of all Federal loans borrowed to attend school, not what a borrower currently owes or the amount of an individual loan. Today’s announcement brings total relief approved under the SAVE Plan to $5.5 billion for 414,000 borrowers. $1.9 billion for 39,200 borrowers through administrative adjustments to IDR payment counts. These adjustments have brought borrowers closer to forgiveness and address longstanding concerns with the misuse of forbearance by loan servicers. Including today’s announcement, the Biden-Harris Administration has now approved $51.0 billion in IDR relief for more than 1 million borrowers.” “$28.7 billion for more than 1.6 million borrowers who were cheated by their schools, saw their institutions precipitously close, or are covered by related court settlements. $14.1 billion for more than 548,000 borrowers with a total and permanent disability” $68 billion is PSFL. PSFL was part of contractual terms of public student loans. This program was created by Bush. $51 billion via IDR adjustments. This was the Biden admin getting student loan servicers to properly apply the law of the land in stead of taking advantage of borrowers. $5.5 billion from SAVE. Every President since Bush has implemented their own IBR plans, even Trump.
  17. As a clarification: 1. This is unconstitutional 2. Trump promised to do this in 2018 and did not You can read about his first promise to do it in 2018 here: https://amp.cnn.com/cnn/2018/10/30/politics/donald-trump-ending-birthright-citizenship https://www.foxnews.com/politics/trump-renews-threat-birthright-citizenship.amp 14th Amendment since y’all don’t know the Constitution: “All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside“
  18. its not, but it’s concerning here for the people trying to distance Trump from Project 2025. Parts of Project 2025 will be part of a Trump admin. If we look at past history, in his first year, 64 percent would. So if you don’t like Project 2025, don’t vote Trump.
  19. Not as scary as voters here thinking Trumps first term agenda wasn’t influenced by the Heritage Foundation.
  20. It was in his first year. That information is available in the articles from Heritage Foundation. and it’s not line one or two things. It was 215 things I mean he just does stuff like provide the keynote address at their function: https://www.c-span.org/video/?435817-1/president-trump-remarks-heritage-foundation
  21. I’ve posted this already but as I’ve previously said you seem to lack the ability to read so I’m happy to give it to you again: https://www.scribd.com/document/369820462/Mandate-for-Leadership-Policy-Recommendations This list is made and maintained by Heritage, not any left or right media source.
  22. Nowhere in anything I said had an incorrect fact. If you honestly believe the Trump admin will not try enacting any of Heritage Foundations agenda after implementing 64 percent of it Trumps first term in office, then I’d put the odds of you coming up with a coherent reason he will not try implementing Heritage Foundations policy ideas lower than the probability Buddy Nix could find a QB.
  23. Ok so to spell this out in first grade terms for you: - Heritage Foundation is a conservative think tank. - they produce conservative agendas - When Trump was first elected President they set out a conservative agenda - Per Heritage Foundation, the people who wrote the agenda, Trump implemented or attempted to implement 64 percent of their policies. - You can see this list here and the implementation status here: https://www.scribd.com/document/369820462/Mandate-for-Leadership-Policy-Recommendations - Again, none of this is from some left wing media. It’s all from a conservative think tank - This election cycle, Heritage Foundation relates Project 2025 Now based on prior precedent, even if Trump doesn’t propose or implement all of Heritage Foundations ideas. We know he will adopt some. In fact last Presidency, it was 64 percent. - again the 64 percent isn’t some liberal media number. It’s Heritage Foundation saying this number.
  24. Dude are you serious? Like you’re not honestly this stupid right? Project 2025 is written by Heritage Foundation. The “group” I cite is the group that wrote project 2025.
  25. Your track record for reading comprehension is low so I’ll try to spell it out for you: This is a webpage from Heritage: https://www.heritage.org/impact/trump-administration-embraces-heritage-foundation-policy-recommendations These are Heritages words, not the lib medias: ”The “Mandate for Leadership” series includes five individual publications, totaling approximately 334 unique policy recommendations. Analysis completed by Heritage determined that 64 percent of the policy prescriptions were included in Trump’s budget, implemented through regulatory guidance, or under consideration for action in accordance with The Heritage Foundation’s original proposals.”
×
×
  • Create New...