Republicans support tax evaders and higher deficits

take your own advice

 

Should you wish to respond, I'd love to have you disprove any of the statements made in the entire link to Kos. Not opinion, but fact, with link(s) to back it up. Knock yourself out.

 

Well, weve seen what the IRS focuses its investigative sources upon.

 

Yes, yes, yes. Exit stage right, whimpering.

 

FTR I support tax evaders and defunding the IRS. I hope the links in the articles is true.

 

Would that be considered .. like .. a straddle?

 

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LOL...Nope...that would be a typo.

 

If you look at this diagram it appears that the majority of unpaid taxes comes from the income tax: http://www.irs.gov/pub/newsroom/tax_gap_map_2006.pdf

The reports are unfortunately pretty sparse, but I'll assume most of the taxes are by people in middle to lower income brackets since those in the upper income brackets typically pay capital gains and dividend taxes. I would think the wealthy are actually more likely to report their earnings and pay proper taxes since an audit or freezing of accounts could be much more damaging than simply paying what is owed. Increased funding for IRS enforcement would probably hurt the middle and lower income brackets more than the upper ones.

 

this is a conservative estimate:

"The offshoring of corporate profits costs the Treasury Department between $30 billion and $90 billion a year, and future inversions could cost the government another $19.5 billion in revenue over the next decade."

http://thinkprogress.org/economy/2014/07/09/3458062/tax-inversions-federal-contracts/

 

I believe you are mistaken. From the link in the OP:

It's a game we play. Every American tries to find the way to get the most deductions they can. I see nothing wrong with playing the game because we set it up to be a game.

A game, that is, that will be won by the well-to-do, since apparently they are the only ones financially qualified to play it. In rejecting a small increase in gilded class tax rates, President George W. Bush summed up the rules by explaining that "the really rich people figure out how to dodge taxes anyway." Supply-side snake oil salesman Arthur Laffer agreed:

You really can't collect much money from upper-income people. They know how to get around taxes.

 

LOL turbo tax tim geithner, Bill and Hillary whitewater clinton and John (my boat is getting repaired in RI so I don't have pay half a mill MA excise tax) Kerry. Thread fail.
Nuff said.

 

Your charts show nothing of the sort the dates don't match at all. You are engaged in an act of intellectual dishonesty by have the first chart begin in 2010 and the second end there. A total mismatch of data. And we know of the fraud and abuse of tax payer dollars going on there and they deserve to have the money cut and the money Lerner spent going after Obama's political opponents could have been used for compliance enforcement.

So what happen to you over in the Warren thread, I was expecting you to come back and correct your allegation about the Republicans and give Issa kudos for going after the Countywide and criticize the Democrats for giving them cover.

 

No that as how Hillary made her money in cattle futures. Surely you don't support someone who would do such a thing for President?


Lest We Forget – Hillary’s $100K Cattle Scam
"....The New York Post explained, “There is no way that the commodity exchange or a broker would permit a novice speculator to control $280,000 worth of cattle with a skimpy investment of $1,000. Not, that is, unless a friend, guardian or partner guaranteed her investment.”45

It seems unlikely that Hillary could have been unaware of the magnitude of this straddle or that her wins were at the expense of others. (Blair himself was a designated loser, losing millions on the cattle deals.) Many commodities traders suspected Hillary of allocated trading—an illegal procedure in which a broker buys block trades, waits for the win, then allocates it to favored customers after the fact. Just a few months after Hillary’s “lucky” day in commodities trading, Refco–specifically Hillary’s broker Red Bone–was disciplined by the Chicago Mercantile Exchange Board for “serious and repeated violations of record-keeping functions, order-entry procedures, margin requirements and hedge procedures.”"
http://sweetness-light.com/archive/barbara-olson-on-hillarys-cattle-futures#.U8219ONdVCg

 

Is that why they pay the highest share on income taxes in history? They know how to work the system so well the top 1% pay just 40% of income taxes and the top 20% get away with only payting 80% while the lower incomes have to fork over virtually nothing? Those crooks how dare they.

 

Well, that's nothing new:

http://www.businessweek.com/stories/2004-12-26/what-killed-off-the-gop-deficit-hawks

 

That's quite a list of Democrats with tax problems.

 

Easy. Note that the chart you copied from the DK article shows IRS discretionary funding, not Enforcement Division funding or even the Investigation Department. The major piece of eye candy has nothing to do with the DK claim - its there to mislead.

 

Your thread title is a lie which you admit in the first sentence of the thread. I thought you were going to talk about famous tax cheats and evaders like Rep. Rangel or Sen. Kerry but, no, you want to whine that over $10,000,000 a year just isn't enough for the IRS. IRS agents who don't pay their taxes get bonuses. The IRS throws a million dollar party and can't explain it because they didn't keep records. They admit breaking the law and one manager is sufficiently concerned about criminal prosecution that she pleads the fifth. They can't even both to compare names and SS numbers to prevent fraud. Last year I couldn't file electronically because someone had used my SS number, but not my name, to get money from the government.

You're right. It's just pitiful. Think what a bind they'd be in if more Democrats had to file pay income tax.

 

I don't know what you think Foreign Capital Flows are but that includes offshore accounts. They're used for a variety of different expenditures which adds to the economy.

 

There is not every much evidence in your source to show how one dollar invested in the IRS will lead to more revenue. The Percent of audits has increased within the late 90s onto the late 2000s while the tax gap also increased around the same time period. Percentage of the likelihood of audits increased 5 basis points, while the tax gap increased 350 billion or more. There is no data presented in your source which shows that the IRS will collect more revenue if adequately funded. If anything, it only shows the opposite.

It's not a serious problem. It's not a problem at all. Greece population is drawing down, as well as the labour force. Many inhabitants are fleeing the nation for more economically stable regions. The shortfalls in revenue are merely the result of a bad economic climate, nothing more or less.

Exactly how did you conclude that less money in heading towards the government will continue to retard economic growth. The shortfalls are not in the form of Government Spending.

 

Facts from the Daily Kos(sacks)?

 

I support both tax avoidance and tax evasion. I also support abolishing all government spending, no exceptions. No spending, no deficit.

 

That's a valid question because when just about anyone thinks of the term "discretionary", like what's left over after you've paid your bills, it would indicate that you can pretty much spend it wherever you want. But, in the context of the federal budget, it's something else:

Discretionary spending refers to the portion of the budget that goes through the annual appropriations process each year. In other words, Congress directly sets the level of spending on discretionary programs. Congress can choose to increase or decrease spending on any of those programs in a given year. While the chart might at first glance appear misleading, it isn't.

 

The evidence that you seek is readily available, and, if this is something you find interesting, I'm sure you can find a whole lot more. In the meantime:

The gap between what is owed the government and what is collected has long been substantial. The Government Accountability Office (GAO) pegged the unpaid taxes at $300 billion as of fiscal 2010 – and others have placed the total much higher.

The impact of the budget cuts over the past four years have been particularly brutal on a core mission of the IRS – collecting as much revenue owed the government as possible.

Total annual IRS collections of unpaid taxes peaked at $59.2 billion in fiscal 2007 and then dropped to $53.35 billion in fiscal 2013, according to IRS data. The vast majority of those collections were obtained by IRS revenue officers using an array of investigative tools and sleuthing.

Yet the number of front-line revenue agents – the heart of the IRS enforcement and collection operation – has plummeted from a high of 6,042 in 2010 to 4,748 in 2013. Overall, tax enforcement workers at all levels tumbled from 22,710 in fiscal 2010 to just 19,531 last year, according to the IRS.

At the same time, the total number of taxpayer examinations or audits declined from 1.58 million in 2011 to 1.4 million in 2013 – or about 11 percent.

I'm sorry, but you're wrong. One of Greece's major financial problems is caused by tax cheats. I'll let you find that one yourself.

If government doesn't have the money, and cannot/will not borrow to spend, then the stimulative effect disappears. Yes? And you know darned good and well that Republicans are doing everything in their power to retard the growth of this economy, despite their silly claims that they're all about "jobs, jobs, jobs".

 

the premise is the cuts in regulatory funding that enforce the laws on the books. If no regulatory enforcement, then people who do cheat do not get caught. Thus, the reason for lower revenues coming in.

Case in point, there were more audits done, as a percentage of total tax returns, done under the Bush administration than they are now. And yet, the tax gap of unpaid taxes has risen under Obama, and at a higher rate, than under Bush.