view the rest of the comments
politics
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
I sure hope this is right. We are at a critical moment in terms of climate change action, and he plans to dismantle the IRA, probably the most substantial piece of climate change legislation in the Western world.
I'm old. Is there some other IRA that isn't Irish?
Inflation Reduction Act. Basically, a large amount of money is being put into renewable energy and the like (along with a number of other policies).
FTFY. Government subsidies for private enterprise has no business existing in the 21st century. Why don't we nationalize all these industries, cut out the middlemen, and get a better ROI? Oh yeah, it's because these bills are written by lobbyists for big corpo who want to make sure they get their piece of the tax dollar pie.
Not that I think Trump would do anything better, but the IRA falls just behind Trump's PPP as the most corrupt, best-ambitioned, acts.
The act that funds the IRS to go after tax cheats is corrupt? And you think nationalized industries are not corrupt?
Poor people are audited at a rate of 5x more often than the rich and that trend hasn't changed in the 2 years since the IRA was passed. The problems with the IRS aren't from funding, they're systemic, and the system is working exactly as intended. The IRS needs a complete defunding and rebuilding, but the idea that anything will improve for the average person with a better-funded IRS would be hilarious if not for the fact that so many people believe it.
Less corrupt than private corporations and lobbyists? Of course. Take a look at something like the Roosevelt-era WPA to see what a properly-administered infrastructure project is supposed to be like, versus the lowest-bidder, private subsidies, inefficient system we have now.
https://marketrealist.com/p/who-does-the-irs-audit-the-most/
Absolutely no source given.
Meanwhile:
Source
Source
Both articles written within the past two years.
The US needs a massive tax law overhaul before any further funding for the IRS will benefit the average citizen.
They’re cherry-picking the numbers, comparing the lowest income demographic against the lowest audit rate demographic. The lowest audit rate demographic includes most taxpayers, starting at very low income. That a look at this chart clearly showing that wealthy are audited at a much higher rate
Also your own source says most of those EITC audits are “correspondence”. I’ve been through one: IRS sent mail saying they think I made a mistake and showed the correct value. I said “oops”, and returned the correction. Nothing to it. This is not the big scary audit people are afraid of