Under Trump, IRS Targeted Low-Income Families at Higher Rate Than Millionaires for First Time

by Redacted_rendition

49 comments
  1. >During the final year of Donald Trump’s presidency, the Internal Revenue Service audited low-income families at a higher rate than millionaires for the first time, according to an Americans for Tax Fairness analysis released as congressional Republicans work to further hamper the agency’s ability to crack down on rich tax cheats.
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    >Inadequate scrutiny of the rich has allowed more than a million wealthy Americans to evade close to $66 billion in federal taxes in recent years, according to IRS data.
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    >But that hasn’t stopped Republicans from attempting to roll back the agency’s recent budget increase and drumming up hysteria about armed IRS agents targeting ordinary Americans.

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    Check: Ten Ways Billionaires Avoid Taxes on an Epic Scale

    [https://www.propublica.org/article/billionaires-tax-avoidance-techniques-irs-files](https://www.propublica.org/article/billionaires-tax-avoidance-techniques-irs-files)

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    Check: Billionaires Have Gotten $2.2 Trillion Richer Since Trump-GOP Tax Cuts: Analysis

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    *U.S. billionaires have seen their collective fortunes surge by more than $2 trillion since the enactment of the 2017 Trump-GOP tax cuts, according to a new analysis released Thursday as Republicans work to extend the law’s expiring provisions.*

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    [https://www.commondreams.org/news/billionaires-trump-tax-cuts](https://www.commondreams.org/news/billionaires-trump-tax-cuts)

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    **MAGA: Millionaire Americans Gangsta Again**

  2. I had a feeling this was the case given how much they shouted and whined trying to scare people into thinking Democrats would do this.

  3. “Trump Organization” is about to become a low-income business

  4. For the first time? I thought it was a known phenomenon that they go after those earners less likely to have a complicated return requiring intense scrutiny and/or mount a credible defense? Playing the ROI game on audits.

  5. I hope most of them were Trump supporters.

    Somehow, I bet they weren’t though.

  6. Who would have guessed that a guy who shits in gold toilets wasn’t really a “man of the people?”

  7. There’s a reason why McCarthy and Co wanted the money that is supposed to be going towards funding the IRS so it has the resources it needs to go after elites taken out during shutdown talks earlier in the year

  8. Even if I cheated on my taxes, the amount of money they would collect from me is pennies. Just wasting tax payer’s money. Go after the big fish not the minnows

  9. That was not the first time. That’s been the history of the audits.

  10. All part of the plan.

    1. Have IRS target lower income Americans instead of millionaires.

    2. Point to the above and say the IRS must be abolished.

  11. Has Biden fixed it? If not no one is gonna care ‘but Trump started’ he has been gone for almost 3 years

  12. IRS slow walked Trumps audit. Where are the investigations?

  13. No…. we don’t want to spend 80 billion on the IRS.

    Stop asking in the guise of “news”

  14. Well, yeah. The trump admin told them not to go after millionaires…so they turned to the poor…meanwhile, Biden admin is specifically telling the IRS to target millionaires/billionaires…it is very plain to see the difference

  15. I think the entire point is that the president can influence the IRS in a meat-puppet way.

    It may also have been an analysis of the resources at hand.

  16. I remember reading that the compliance rate for w2 returns is over 90% focusing on them makes no sense.

  17. So much winning for his mentally challenged supporters.

  18. That first year of tax returns screwed me up so bad. First time I had to pay for not paying enough in taxes, instead of the couple thousand dollar tax return I was accustomed to. We’re getting squeezed and it hurts.

  19. What the article didn’t point out is that understaffing and underfunding the IRS also lead to more poor people not being able to get help with filling out their taxes to get things like the Earned Income Credit. So poor people filled out the paperwork wrong, got audited, and got in trouble. Because the IRS was too underfunded to go after rich people, they didn’t get audited for stealing billions.

    It makes it look like poor people are more dishonest than rich people. Like Mark Twain said “There are lies, damned lies, and statistics.”

  20. No one is surprised, especially given how strong a response Republicans had to the Biden plan to *increase IRS investigations into people making >$400,000 a year* like it’s the literal devil.

  21. Shaking Commissioners’ hand, the Commissioner who lied on financial disclosure forms. Two peas in a pod.IRS commissioners have turned into spineless political pawns. Instead of serving the people.

  22. How to secure ‘friends’ by alienating their enemies.

  23. This is why I get so furious when I see “defund the IRS.” You can go after lower income folks because things like EITC fraud are able to be checked by computers, but due to the complexity of the financials of the wealthy, auditing those returns requires human review.

    The IRS is not the enemy, the GOP is. Honestly, while certainly not perfect, the IRS is often far more of a friend than foe to the middle/lower class.

  24. but he looks after the little guy…for his wallet! con man

  25. Rich people’s taxes *could* be made as simple as poor people’s taxes.

  26. I had a friend who is a Trump supporter, she ran a really small sewing business. She’s been audited twice. This was during Trump’s administration so this pans out.

  27. I was audited under Trump. The IRS ended up cutting me a check. :0)

  28. The IRS probably had to meet quota so Trump said audit the poor not the rich. Then the poor voted for Trump in 2020 and will again in 2024.

  29. Under Rump, I lost all my deductions, because I don’t make enough to claim them.
    I get to spend thousands on work gear annually and just eat it. Unsurprisingly, my checks did not become larger to compensate.

    I feel bad for folks that got it so much worse.

  30. So is this implying that trump told the IRS to audit poor people more than millionaires? I highly doubt that.

  31. Conservative economic policy revolves around one core principle.

    Poor people have too much money, and rich people don’t have enough.

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