So my theory here is that America has become SO corrupt that it needs 86,000 more IRS agents to rein in all the tax cheats and black market economy stuff. Inflation is largely driven by:
1. Tax cheats
2. Benefits cheats
3. Gray market economy (cash only businesses and service providers)
4. Black market (drugs, prostitutes)
5. Crypto currency
America has apparently become so outrageously corrupt, with nobody reporting income and paying taxes, that it's causing massive inflation.
It makes sense, rich people can afford better lawyers. The juice isn't worth the squeeze. Poors will panic and comply out of fear.
nah its just to squeeze white families for money
Yes, inflation is because people are cheating the system. Not because the Feds printed trillions of dollars and the government imposed heavy restrictions on local businesses forcing many to shutdown. The IRS is never going to go after the rich. The government is never going to go after them either
Samefag.
Obvious misuse of commas in both posts. Try harder next time.
fpbp
>make no money
>get audited by the irs
Uh, okay.
>implying the 80k new g-men won't be looking into the bank accounts of the lower and middle classes as a method of arresting political dissidents under the guise of tax fraud or evasion
>we found this security footage of you picking up a $20 bill. you now have to pay a $50k fine, or go to prison
Imma be so pissed if an IRS agent tries to break into my house and I gotta blast them with my nerf gun.
Change your voter registration to Democrat and the IRS won't bother you.
>99% of everyone audited under $75k is claiming a kid that isn't theirs to claim
>usually its when the parents have separated and haven't agreed who is getting that child credit
This requires no agent. Its as simple as using a computer to see that the same social security number has been submitted twice. If you don't claim someone else's kid, and you use any tax prep software and have no red flags, your chances of being audited are almost zero. The only thing they might want to see is receipts if you claimed a shitload of expenses.
>It makes sense, rich people can afford better lawyers.
Thats true but the payoff is often way better. Think about it. Are you going after some beaner submitting $10k in fraudulent receipts for his lawn care business? Or are you going after the factory owner that wrote off $12.5 million in rejected product that he then sold overseas? They want the big paydays.
Ya know, as much as I agree that the 80000+ IRS agents will be weaponized against the populists, 75000 is more than the median income of 44,225. What we see here is a 13/50 thing where the rich are having disproportionate IRS interactions. Some may call it profiling, but you gotta prove when they are committing most of the crime
Where's the money coming from? It's not like the printed money all flowed into normal people's pockets. So it flowed into the pockets of people filing 170 tax returns with stolen SSNs and collecting unemployment benefits for 17,000 people at the same time. Etc. There's too much money out there in the hands of the goyim and it's time to take it away.
Gotta profile not prove damn phone
Peter Thiel's Palantir knows everything about you. Your political affiliation, what you buy at the grocery store, how many friends you have and of course exactly how much money you made. And he's selling all that info to the IRS to hunt down all Trump supporters.
Nah inflation is driven by a low reserve amount per deposit, and interest rates the two are linked up.
Inflation and income tax, huh. I see what you are saying less tax revenue means less for federal government to pay with therefore print more. But I don't think those would cause the raises we have seen especially in the context of a debt/equity based currency system such as we have. This picture might broaden your view. Make up your own mind.
But inflation is actually a problem. The reasons I listed are also why so many people are out of the work force, they got money via other means to the point they don't need to work low wage jobs.
Cryptocurrency was driven largely by quantitative easing.
Cash only must be small. When is the last time someone asked for cash only? Anyone with a phone can take cards and customers would need a large discount to pay cash for things. Would be cheaper to pay taxes than deal with all the lost business or give deep cash discounts.
I thought thiel was one of the few based ones?
It’s hard to keep up with all these people
All fags serve Satan in the end. Don't be fooled.
No, it has to do with the fact that the US has entered another recession and is looking at a complete econmic meltdown. Too few people working and people spending too little to keep the American economy afloat; it's all circling down the drain now. The IRS will need more (armed) agents to take what little money people will have left in the future and by force.
>have inflation
>print more money to fix the inflation