The IRS is making use of the money it received as part of the Biden administration's tax package signed into law in 2022. They announced yesterday that it has collected $1 billion in back taxes from high-wealth tax cheats. Via ABCNews.com: Part of the push for public awareness of high-wealth tax collections is a growing recognition by agency officials that a potential Republican takeover of the White House and Congress could mean massive future budget cuts for the IRS.

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  • DRS understaffing is costing CT
    The IRS recently announced a significant development in the realm of tax compliance: over $1 billion has been collected from ... allowing wealthy individuals and corporations to continue evading state ...
    08/27/2024 - 2:24 am | View Link
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