• Snipe_AT@lemmy.atay.dev
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    1 year ago

    Just wanted to point out that the audit rates for the rich are higher than normal people.

    [Jay McTigue:] Well, as I said, higher-income taxpayers are indeed being audited at a higher rate than lower-income taxpayers. In fact, the highest-income taxpayers, those making $5 million or more a year, right now are being audited at about 2.3%. Whereas on average the audit rate is less than 1% So there is still a focus on the higher-earning individuals.

    https://www.gao.gov/assets/730/720478.txt

    • Bonehead@kbin.social
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      1 year ago

      Just wanted to point out that the audit rates for the rich are higher than normal people.

      As it should be. The problem is that the rate should be 10 times higher than it currently is.

    • BeegYoshi@lemm.ee
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      1 year ago

      the misleading thing about that statistic is that there are far, far fewer wealthy people than there are normal. even with the rate of audits technically being lower, the number of audits of normal people is still far, far greater, and is where the IRS’s focus truly is

      • Snipe_AT@lemmy.atay.dev
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        1 year ago

        my understanding is that the focus of the IRS should be on those that try to subvert paying their taxes, it seems that they believe there is an increased amount of those people in the wealthy category.

        but it doesn’t make sense that they should ignore people trying to subvert taxes in the normal brackets does it? all that does is harm everyone else paying their fair share.

        • BeegYoshi@lemm.ee
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          1 year ago

          I never said to ignore it for low income taxpayers, but the statistic you provided is incredibly misleading. Plus the IRS would recoup far more money by auditing higher income taxpayers at much greater rates.

          • Snipe_AT@lemmy.atay.dev
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            1 year ago

            How is it misleading? It’s an incredibly simple statement that the rich are audited at a higher rate than the average person isn’t it? I didn’t say that more wealthy are audited than the common folk because it seems common sense that due to large disparity in population (common vs wealthy), that of course there are more common people audited than wealthy. I’m simply pointing out that this guys statement is incorrect, misleading, and intended to incite anger.

            “the IRS has not enough staff to investigatevif rich people pay their fair share, therefore they go mostly for normal people.”


            Please ignore my negative initial vote score, as I have the privilege of being bot-downvoted by CCP sympathizers because of comments on this post https://lemmy.world/post/2338419, there is also the possibility that I’m just an asshole.