Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (28) |
Author: Lambo 🐝  😊 😞
Number: of 84346 
Subject: Re: Well, well...
Date: 01/22/25 2:33 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
Because the rich tech bros need more subsidies.

I get concerned when I see that.

The IRS brags about how effective it's collection system is, and their Dunn notice system is very effective and collects a lot of money. After that it's farmed out to in house collection agents. So at one point politicians were talking about privatizing the Dunn letter system. Great, you give give a company the address, amount, etc., they send out the Dun notice and get a percentage, and then give whatever is not collected back to the IRS. That's like handing a business free money, when you already have a system that does it cheaply without the fee. But it's hard to convince people that the government does some things effectively. I t wasn't privatized.

Then they had a pilot program for privatizing collection efforts after the Dunn letters. The upshot was people's (taxpayer;s) right were violated frequently and sometimes very badly - even after the IRS trained the private company's employees in taxpayer rights. The collections weren't as good and taxpayer's rights were violated.

There's a lot of people trying to make money off the government, and Musk is successful at it.


Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Lambo here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (28) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community