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Dagwood222 ,

businessinsider.com/irs-tax-audits-recover-12-dol….

tl, dr = Every dollar spent investigating the richest means another $12 in taxes. This is with no new tax laws, just enforcing the one’s on the books.

jeffw OP ,

Not really related to this issue though?

Dagwood222 ,

Totally related to the issue.

The issue is that the IRS is underfunded because big GOP contributors don’t want to have to go toe to toe with an agency that can make them pay taxes.

That’s why Trump got a surge of money after his New York City trial lose; rich folks hate the idea that the law might be used against them.

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

Just wait until Republicans take real power.

Enjoy having your bank account drained by a hacker in Moldova.

maynarkh ,

From what I hear, banks drain US accounts on their own just fine.

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

You may hear that, but I’m not seeing a lot of people in the grocery lines being told their accounts are unexpectedly empty.

maynarkh ,

Don’t get me wrong, I’m not a “US bread lines” shill, I’m just saying overdraft fees are criminal and would have killed me as a student.

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

That’s why you go with a credit union and not a bank. (When I said ‘bank account,’ it was a general term that people assume includes credit unions most of the time.) The overdraft “fee” on my checking account is “keep some money in your savings account to cover it.”

I agree, U.S. banks are insanely predatory. But there is a perfectly good alternative that many people simply don’t look into taking. Sometimes being a credit union member requires you to be affiliated with an institution (I got my account while working for a university), that isn’t always necessary.

maynarkh ,

I guess that’s why I’m not planning to move to the US any time soon. The whole “you’re scammed by default” thing. I don’t want to be an expert on 30 different things just so that I don’t get seriously fucked over every other day.

I used to live in a country that was similar in some ways, you had to triple check everything because every glorified “small business owner” was scummy, and the regulator was asleep at the wheel. I like my peace and quiet now.

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

I don’t blame you. There are a lot of reasons I wouldn’t move here if I didn’t already live here, not the least of which being my massive medical debts.

I was just saying that there is an alternative to that particular problem and I wish more people knew about it and took it. Banks should not be for-profit entities in the first place in my opinion.

brightandshinyobject ,

This is what happens when you don’t have the proper resources to run an establishment of this magnitude.

Cosmonauticus ,

IRS criticized for not receiving the manpower and funding to do their job

MelodiousFunk ,

Better cut funding since they’re not doing their job.

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