341

I was talking about the 7:1 ira you claimed

342

Ahh. Also easy to find using the above techniques. I can’t post links and apparently posting excerpts isn’t acceptable, so if someone is truly curious it’s super easy to find all sorts of references to that.

It seems common sense to me, you need to be staffed to be able to enforce tax laws since when money is on the line people do all sorts of things to evade it. With the GOP gutting the IRS for the last 10 years, it’s rather hollowed out and simply short on manpower and resources.

But the reality is, cutting $80 billion from the IRS budget will cost that plus another $114 billion in missed revenue, widening the deficit even further.

343

If you Libs and your leaders would just pay your fair share there wouldn’t be much of a problem. It might help too if we didn’t borrow trillions of dollars to give away to deadbeats and countries that hate America. Besides, we all know those 87 thousand IRS agents were going to be harassing hard working, middle class tax payers, especially those who don’t support Biden. Come on man, you’re really ok with the IRS knowing every time you make a 600.00 transaction?

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That’s a lot of hand waving and wrong info (threshold is much higher than $600) to avoid the reality that Republicans are choosing to further gut the IRS for politics and widen the deficit.

Combined with their corporate tax cuts and temporary individual tax cuts blowing a huge hole in the budget, it’s clear that Republicans are just vandals, and to pay for it next they’re already warming up to Medicare and Socisl Security cuts, just like they campaigned on.

345

Six hundred eh? How about every penny?

What Canada did to the trucker protesters is the model.

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Also old info. Look what it is now. Come on man.

347

No, 600.00 is the figure, but regardless… Does it occur to you that no matter how much tax revenue the government brings in, it will literally, never, ever, be enough. Know why? Because the government has not, and will not, never, ever, stop increasing their spending! This is not right wing talking points here, this is a fact, so I wonder why you guys never ask yourselves how long can that continue before our economy literally collapses? Does it also occur to you that we are borrowing money. Trillions of dollars at a time? Does it make sense for us to borrow money only so we can give it to other countries? Here’s a thought: Why don’t these countries that we are borrowing money to give to, borrow the money directly themselves? Huh? That way, they get the money and the American tax payer doesn’t have to continue paying hundreds of billions of dollars a year in interest, let alone the principle, on continuing multi trillion dollar loans?

Do you engage in such practices in your own personal finances? Do you sit at your table with your wife and say something like: " Well Dear, we’re 10 million dollars in debt and only make 100 thousand dollars a year, and we can’t even pay the monthly interest payment on our loans, but our neighbor down the street lost their home and car in a fire and they have no insurance. Know what we should do? Let’s borrow another 10 million and give it to them so they can rebuild their own lives in style!"

That makes sense to you though right? Of course you’re limited because you have to prove to a bank first that you actually have the means to pay back the loan, and you are taking personal responsibility for any loan you take out. The government has no such limits, and it isn’t an individual that takes responsibility to pay loans back.

Does it make sense that the problem can’t be solved on the tax side until the spend side has some mandatory limits imposed?

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The rule is suspended for ‘23. Yellen
is proposing a $10K threshold for 1099 reporting, even though the law has always been to report earnings over $600 via a 1099.

Republicans are gutting the IRS. That is a $200 revenue hole that “saved” $78 billion. That’s the plan, strangle the Treasury and then so sorry working people we have to cut Social Security and Medicare to get the budget balanced.

Penny wise, pound foolish, sitch in time saves nine, ounce of prevention etc etc etc. people used to know these things. Now they’re invested in not knowing.

349

Where do you get this stuff?? No one is proposing cuts to social security or medicare. In fact, SS recipients get a raise thus year! I know this is a fact because my wife just got her first SS check of the year. We need to make spending cuts, but no one on either side of the aisle is ever going to touch those sacred cows. It would be political suicide.

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Over ten years. They expect about 50K to resign during the say time frame.

the 87K would not be all agents.

https://www.nytimes.com/2022/11/06/us/politics/irs-agents-fact-check.html

The 87,000 figure refers to a May 2021 estimate from the Treasury Department of the total number of employees — not just auditors — the I.R.S. proposes to hire over the next 10 years with funding requested by Mr. Biden. And while the I.R.S. plans to conduct more audits, wealthy Americans and businesses will bear the brunt of that scrutiny, not, as Republicans have suggested, working families.

Among the I.R.S.’s work force of about 79,000 employees, 10,000 are actually agents. (Of those, 8,000 are revenue agents who audit tax filings and 2,000 are special agents who investigate potential tax crimes.) In fact, the two most common I.R.S. jobs have little to do with tax auditing or investigations: about 13,000 are customer service representatives who answer taxpayer phone calls and 10,000 are seasonal employees who file mail or transcribe data. Other jobs include lawyers, examiners, technicians and appeals officers.

The additional funding for to the I.R.S. will allow the agency to modernize its infrastructure and replace an aging work force, and it is unclear just how many full-time employees or agents will be hired in the next decade, Treasury Department officials said. The majority of those new employees will replace the 52,000 expected to retire in the near future, the officials said, and many will focus on customer service and updating the agency’s technology infrastructure — not investigating the finances of ordinary Americans.

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In other words, the funding will enable the I.R.S. to increase its work force over the next 10 years to 113,000 employees. That is about the same number of workers it employed annually in the early 1990s.

351

How about a compromise? You guys can have your 87 thousand more infernal revenue stealers, if we can have 87 thousand more border patrol agents. Deal?

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i’m all for more agents at the border.

so is biden.

In announcing his plan, Biden blasted Republicans for standing in the way of additional hiring of border personnel even as he pledged to deploy more to confront the rising number of migrants. Biden had requested an appropriation of $3.5 billion to address the border situation to support the hiring of 2,000 asylum officers and 100 immigration judges, but instead Congress provided a one-time jolt of $1.6 billion that placed restrictions on permanent hires.

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The media tell them what to say. And they oblige.

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WASHINGTON — Congressional Republicans, eyeing a midterm election victory that could hand them control of the House and the Senate, have embraced plans to reduce federal spending on Social Security and Medicare, including cutting benefits for some retirees and raising the retirement age for both safety net programs.

Prominent Republicans are billing the moves as necessary to rein in government spending, which grew under both Republican and Democratic presidents in recent decades and then spiked as the Trump and Biden administrations unleashed trillions of dollars in economic relief during the pandemic.

The Republican leaders who would decide what legislation the House and the Senate would consider if their party won control of Congress have not said specifically what, if anything, they would do to the programs.

Yet several influential Republicans have signaled a new willingness to push for Medicare and Social Security spending cuts as part of future budget negotiations with President Biden. Their ideas include raising the age for collecting Social Security benefits to 70 from 67 and requiring many older Americans to pay higher premiums for their health coverage. The ideas are being floated as a way to narrow government spending on programs that are set to consume a growing share of the federal budget in the decades ahead.

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Well if someone puts an article in the NY Times, it MUST be true right?

I read in your post of “CONGRESSIONAL REPUBLICANS”, “PROMINENT REPUBLICANS”, “REPUBLICAN LEADERS”, and “INFLUENTIAL REPUBLICANS”, These Republicans have “EMBRACED PLANS”, “SIGNALED A NEW WILLINGNESS TO PUSH” and that “IDEAS ARE BEING FLOATED”, yet in the same article we read:

" THE REPUBLICAN LEADERS WHO WOULD DECIDE WHAT LEGISLATION THE HOUSE AND THE SENATE WOULD CONSIDER IF THEIR PARTY WON CONTROL OF CONGRESS HAVE NOT SAID SPECIFICALLY WHAT, IF ANYTHING, THEY WOULD DO TO THE PROGRAMS."

The “journalist” included a built in disclaimer and not one name actually mentioned…:thinking:

It’s almost as if that reporter just made ■■■■ up to scare voters…But no, NY TImes reporters would NEVER do that!

356

Good Lord! Biden wants more people and judges to process asylum seekers faster, so that the chaos and crime at the border doesn’t appear to the public as the cluster ■■■■ he’s turned it into. He’s doing absolutely nothing to stop or reduce illegal crossings and actually cut down the numbers, nothing to diminish the incentives he’s promised which keep them streaming across our border, nothing to deter China from producing the Fentanyl and working with the Cartels to smuggle into our country. All he’s doing is trying new ways to stop CALLING them illegals by making what they’re doing legal.

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Silly libs…they would believe anything their masters tell em. If they were serious the would have those funds mega bill. Instead they specified no money for border security.

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You were saying?

359

Yet. Nobody has proposed it yet. But it’s coming.

360

A few names and quotes for you:

Rep. Buddy Carter (R-GA) has stressed his desire to cut spending in conjunction with raising the debt ceiling: “Our main focus has got to be on nondiscretionary [spending] — it has got to be on entitlements.”

Rep. Lloyd Smucker (R-PA) has stated his wish to establish means testing—setting income eligibility levels—for Social Security and Medicare: “We should ensure that we keep the promises that were made to the people who really need it, the people who are relying on it. So some sort of means-testing potentially would help to ensure that we can do that.”

Rep. Jason Smith (R-MO), currently the ranking Republican member on the House Budget Committee, has indicated that he wants to use debt limit talks to extract concessions from President Biden on entitlements and spending. He has said that Congress must use every tool at its disposal “to right size the federal government” and that “[t]he debt ceiling absolutely is one of those tools.” Smith is a member of the Republican Study Committee, whose budget proposed raising the Social Security and Medicare eligibility ages and even supported privatizing Social Security.