Wow 500million…
So like… Nothing?
$520 million is a good start.
It’s half of one billionaire. It’s a drop in the bucket.
It’s better than no drop.
No it isn’t, it’s a trick to make people think progress is being made so they don’t do something drastic.
This is a braindead take, lol
The IRS doesn’t have to unveil back taxes paid by millionaire households. They do it for a reason. Why do you think that is?
Getting $500MILLION from Millionaires is HORRIBLE! We need to SAVE that money by Starving Children instead!
Texas & 14 other #GOP states are doing just that.
That’s an interesting euphemism for tax fraud.
change that m to a b in “delinquent millionaires” and then we’ll have something.
A guy with $2 million isn’t the problem, the guy with $1 billion is.
“What’s the difference between a million and a billion?”
“About a billion.”
Any shithead not paying their taxes is a problem
-someone who actually pays taxes
at first I thought this was gonna say “change that m to a b in $500 million” 🤣
I mean, both would be good.
Removed by mod
Is that all? Seems exceedingly low.
Could be a lot more, but I’ll take it. Hopefully they keep rolling. These people are a drain on society.
The article doesn’t seem to indicate the ROI of the influx of new money to the IRS vs extra money received because of this influx. Only reason I care about ROI with this agency is 1) only real agency that makes money. 2) IRS had indicated before that they can generate something like 7 USD per 1 USD they are given for funding and I’d like to see if that plays out.
Regardless, I’m glad te IRS is getting the funding it needs to go after the rich.
They basically get an extra $6 billion each year over the next decade. So this would be a decent chunk of that. They have also recovered hundreds of millions in fraudulent PPP loans. They are also pushing to recover $29 billion in back taxes from Microsoft. A lot of those things they would not have been able to do before.