REPORT: IRS Secures $122 MILLION From Only 100 Ultra Rich Tax Cheats
October 29, 2023
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7:37Now PlayingREPORT: IRS Secures $122 MILLION From Only 100 Ultra Rich Tax Cheats
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as posted by the channelThe passage of the Inflation Reduction Act infused billions of dollars into remedying the understaffed IRS, and it's already bringing in a lot of revenue from catching ultra wealthy tax cheats. Cenk Uygur and Ana Kasparian discuss on The Young Turks.
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"The IRS says its mission to crack down on higher-earning tax dodgers has yielded $122 million more from just 100 millionaires — and they've already closed several cases of particularly brazen evasion.
The passage of the Inflation Reduction Act infused billions of dollars into the previously perpetually underfunded and paper-laden IRS. A good chunk of that was earmarked for increased enforcement, and, in a new announcement, the IRS said that enforcement is only ramping up."
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