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Hookman

Just passing thru on my way home
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OV-10

Well-Known Member
Anyone that keeps up with things know the IRS has had a hiring problem for years now . Just like many other employers they have been faced with a hard time attracting and maintaining employees. They also have a large percentage of employees near retirement age . The funding is being used to attract and hire employees across a broad spectrum of jobs and that does include approximately 5000 in the enforcement division. ( not 87,000 ) . The money is also going to update systems.
The Republicans are trying to scare their base in light of and response to recent legislation by saying the IRS is going to focus on middle class wage earners. They are pissed over the new corporate minimum tax of 15 % . They need you to spread the word that their focused on the middle class and run to the polls in fear .
 

Fly-by-night

Only when you care to send the very best
Anyone that keeps up with things know the IRS has had a hiring problem for years now . Just like many other employers they have been faced with a hard time attracting and maintaining employees. They also have a large percentage of employees near retirement age . The funding is being used to attract and hire employees across a broad spectrum of jobs and that does include approximately 5000 in the enforcement division. ( not 87,000 ) . The money is also going to update systems.
The Republicans are trying to scare their base in light of and response to recent legislation by saying the IRS is going to focus on middle class wage earners. They are pissed over the new corporate minimum tax of 15 % . They need you to spread the word that their focused on the middle class and run to the polls in fear .

Specifically, the CBO estimates that the Democrats’ $80 billion for new IRS audits will take at least $20 billion from working and middle class Americans earning less than $400,000 a year. These billions are in addition

Senate Democrats actually
voted down an amendment by Sen. Mike Crapo (R-ID) that would have banned the new IRS funding from being used to go after working and middle class Americans — ensuring that additional audits would only target high-income earners.
 

OV-10

Well-Known Member
Specifically, the CBO estimates that the Democrats’ $80 billion for new IRS audits will take at least $20 billion from working and middle class Americans earning less than $400,000 a year. These billions are in addition

Senate Democrats actually
voted down an amendment by Sen. Mike Crapo (R-ID) that would have banned the new IRS funding from being used to go after working and middle class Americans — ensuring that additional audits would only target high-income earners.

Also , since when is $400,000 middle class ? Your 100k job must be at the poverty level with that definition. Jus saying.
 
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Fly-by-night

Only when you care to send the very best

Also , since when is $400,000 middle class ? Your 100k job must be at the poverty level with that definition. Jus saying.
Yea right. Yellen also said inflation is transatory
 

ScotchNeat

Well-Known Member
Anyone that keeps up with things know the IRS has had a hiring problem for years now . Just like many other employers they have been faced with a hard time attracting and maintaining employees. They also have a large percentage of employees near retirement age . The funding is being used to attract and hire employees across a broad spectrum of jobs and that does include approximately 5000 in the enforcement division. ( not 87,000 ) . The money is also going to update systems.
The Republicans are trying to scare their base in light of and response to recent legislation by saying the IRS is going to focus on middle class wage earners. They are pissed over the new corporate minimum tax of 15 % . They need you to spread the word that their focused on the middle class and run to the polls in fear .
Do you know who's going to pay the 15% minimum corporate tax? You and I, that's who. Corporations aren't tax payers, they're tax collectors. So who's on the side of the middle class now?
 

OV-10

Well-Known Member
Do you know who's going to pay the 15% minimum corporate tax?
Yes , corporations that report an annual profit to their shareholders of 1 Billion or more over a three year average.

The current tax rate worldwide is near 24 %

The current US standard corporate tax rate is 21 % . Most companies do not pay that amount through loopholes In the tax code. Example Amazon paid under 9 %. So the new law eliminates that by making it a 15% the bare minimum. So essentially it lowers it from the potential of paying 21 %. It‘s confusing but theirs a lot of misinformation out there that’s politically charged from both sides . I try to bypass the hype and look for the facts. It’s not easy.
I don’t think any party wants to stifle US corporations through taxes . It would be political *******.

US companies seem to have a pretty fair deal when it comes to taxes.

Hell ,wouldn’t we all love to pay no taxes ! Unfortunately it’s part of living in a developed country.

The wealthy are crying ouch when there’s no reason . It’s just like a spoiled child screaming when you take a piece of candy from their already burgeoning stash.
 
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