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Monday, March 23, 2009

TRAC: IRS LETS THE RICH SLIDE, AND LIES ABOUT IT

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YOUR BOOTLICKING, CAP-DOFFING, FORELOCK-TUGGING TAX-COLLECTORS AT WORK

THEY KNOW WHO THEIR MASTERS ARE:
THEY DON'T DARE AUDIT THE RICH FACE TO FACE


IRSletsRICHskate Copyright 2009 Cosanostradamus blog me no blogs

They Know They Can't Intimidate Them Like They Do Us Peasants

IT'S TAX TIME!!! AAAAAAHHHHHH!!!!! You're going crazy trying to find all your little receipts, scavenging for every little scrap of paper that the Internal Revenue Service might demand of you, shaking in your boots lest they ever audit you, innocent though you are. You quiver in fear lest they seize and attach your few pathetic assets and ruin your life forever. Meanwhile, your rich tax-cheating neighbors are off on yet another seasonal vacation, enjoying their ill-gotten gains, having a good laugh at fools like you and me, secure in the knowledge they they are part of a protected class. The laws are written of them, by them and for them, not you or me. Even then, they are not enforced against them as they are against us. We are the class that has no power and no privileges. We are the cattle upon which they feed. If you ever doubted that, read this. No, it's not some "socialist" manifesto. It's USA Today. Read it and learn, if you can, peasant (someone read aloud for the Republican home-skewlers, please):

USA TODAY
"Millionaires' audit chances fell 36% last year"
Your tax dollars at work. Not theirs. Get it?
' IRS audits of taxpayers with income of $1 million or more declined by more than a third last year, despite the agency's claims that it stepped up scrutiny of wealthy taxpayers, a new study says. Several studies have shown that wealthy taxpayers are more likely to hide income from the IRS. Taxpayers with adjusted gross incomes of $500,000 to $1 million fail to report 21% of their income on average, vs. 7% for those earning $40,000 to $50,000, according to a 2008 analysis by Joel Slemrod, a University of Michigan economics professor, and IRS economist Andrew Johns. The TRAC report also found that face-to-face audits of wealthy taxpayers have plummeted even more than overall audits. Only 3.1% of wealthy taxpayers were subjected to a face-to-face audit in 2008, the same level as five years ago, the report found. The remaining wealthy taxpayers were subjected to less-intensive correspondence audits, which are conducted by mail. '

GOOGLE NEWS
"IRS defends drop in audits of millionaires"
Can you say "B - U - L - L - S - H - * - T ! ! ! ? ? ?"
' But IRS spokesman Terry Lemons said that what they regarded as a "slight" drop in audits reflected a year in which the agency was dealing with budget constraints and assuring that economic stimulus checks reached mail boxes and bank accounts. '

TRAC IRS: TRANSACTIONAL RECORD ACCESS CLEARINGHOUSE
"IRS Audit Rate for Millionaires Plummets"
IRS fails in it's duties, and then deliberately lies about it: Openly in the press and in Court.
' In the face of growing federal deficits and public calls to lower the tax gap — the amount of taxes due but not reported and paid — the drop in millionaire audits is surprising. As one might expect, according to the additional taxes that IRS revenue agents found were owed after completing their audits, no other class of individual tax returns comes close in terms of the size of the underreporting errors. Last year, for example, the average IRS audit of the millionaire class of taxpayers resulted in agent recommendation of just under $200,000 in additional taxes for each return. Even for the much less intensive correspondence audit contacts — which from start to finish typically require only a little over two hours to complete — the auditor recommendations for additional taxes averaged over $136,000 per return.
Last year, TRAC's co-director, Susan Long, returned to court and obtained an order that required the agency to produce each regularly generated A-CIS report. While IRS attorneys initially resisted the entry of this court order, once the judge had instructed it to provide the reports, they shifted their argument and informed Long's attorney that their new system did not regularly generate them. Instead, they now said, the A-CIS system was only used to handle "ad hoc queries." Thus, the IRS now claims there is nothing to turn over. '

INTERNAL REVENUE SERVICE
"Taxes in U.S. History: Tax Reform in the 1960s and 1980s"
The IRS "hopes" the wealthy will invest the money they fail to pay in taxes for the benefit of the rest of us. And lollipops grow out their asses, too.
' By the mid-1980s, the complicated tax code allowed wealthy people and companies to use loopholes to protect their money from taxation. The Reagan administration hoped to pump money back into the economy by introducing tax cuts and simplifying the tax structure. The Tax Reform Act of 1986 reduced the amount of money owed by the wealthy. The government hoped to encourage them to pay taxes and also hoped that the wealthy would invest their money in a way that would eventually benefit all workers and taxpayers. '

WSW.ORG
"US tax agency targets poor"
Now, HERE'S the "socialism." It sounds a bit churchy, with all the talk about justice and goodness and fairness and the bleeding poor, doesn't it? Like some of that Jesus rubbish.
' “The people most in need of tax fairness have been targeted for no other reason than that they are low income. There is absolutely no basis for withholding these refunds and to do so constitutes an extraordinary violation of fundamental taxpayer rights and fairness,” David Marzahl, executive director for the Center for Economic Progress, told CNSNews.com. For five years, the Criminal Division within the IRS flagged tax returns filed by 1.6 million people as fraudulent. In the last year alone some 200,000 returns were branded as fake. Conversely, during the same period taxes were significantly reduced on households making over $200,000.
In what amounts to criminalizing the poor, the IRS has devoted an abundance of resources in targeting low-income families while letting wealthier taxpayers off the hook. In recent years, the IRS has sharply reduced the number of audits it conducts on individuals making over $100,000 a year. Between the years 2000 and 2004—the last time data was provided—1.15 percent of individuals making over $100,000 were audited compared with 1.36 percent of those making $25,000 or less.
TRAC is a research organization that provides the public with detailed information about the operation of hundreds of federal agencies, including the IRS (http://trac.syr.edu). That the IRS favors wealthy taxpayers while penalizing the poor is demonstrated by reports based on government statistics available on the TRAC web site. For example, the April 2000 IRS report cited data showing that under the Clinton administration tax collectors audited the poor at a higher rate than the rich. In addition, the 2004 report found that business and corporate audits were substantially down. In 2005, agency data showed that while the largest corporations controlled 90 percent of all corporate assets and 87 percent of all corporate income in fiscal year 2004, only one out of three corporations had been audited. '
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