The 'Billionaire Tax Rate' Is Not 8.2 Percent
A viral claim relies on a misleading definition of income.
Source: yahoo.com
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Taxing Billionaire Borrowing: A New Kind Of Wealth Tax?
Professors Edward Fox and Zachary Liscow discuss their proposal for a new tax on billionaires that would apply to borrowing against their assets.
Source: forbes.com
IRS gets new funding from Congress to collect overdue, unpaid taxes – NBC Connecticut
The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated, according to new analysis released...
Source: nbcconnecticut.com
With new funding, IRS to collect billions in unpaid taxes
Tax revenues are expected to rise by as much as $561 billion from 2024 to 2034, thanks to stepped-up enforcement made possible with money from the Democrats' Inflation Reduction Act, which became law in August 2022.
Source: ocregister.com
IRS to collect hundreds of billions more in overdue and unpaid taxes thanks to new funding
Tax revenues are expected to rise by as much as $561 billion from 2024 to 2034, thanks to stepped-up enforcement made possible with money from the Democrats’ Inflation Reduction Act.
Source: pressherald.com