No. of Recommendations: 10
The "slashing" will be felt mostly by able bodied recipients who are healthy and should be working and by illegal immigrants who shouldn't be here in the first place. ~Fox News Bot
For years we've heard from the right about "lazy, welfare queens" and other so-called "freeloaders" pulling one over on the government.
But actually, it's the wealthy who are the real freeloaders — pulling one over on us all by skirting their taxes.
Where is the outrage?...
"Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief."
"The nation’s millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a “lack of fairness” in the tax system."
"Joe Biden's Inflation Reduction Act gave the IRS an $80 billion infusion, yet congressional Republicans won a deal last year to take $20 billion of the funding back. Now they’re pressing for further cuts.
The Treasury Department said last week it estimates greater IRS enforcement will result in an additional $561 billion in tax revenue between 2024 and 2034 — a higher projection than it had initially stated.
The IRS says that for every extra dollar spent on enforcement, the agency raises about $6 in revenue."
https://www.cnbc.com/2024/02/22/tax-evasion-by-wea...
