Most Layoffs Since 2009
- Thread starter twenty02
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As a fiscal conservative, I think we ought to go after each and every person that isn't paying his or her income taxes. I like low income taxes, but I pay every dime I owe. At least I probably do since my wife is my CPA and she's the most honest person I know.
What if it costs more to go after some people than they owe?
Bwahahaha written like somebody who can have happy hour at sur and doesn’t have the foggiest idea how horrible it is to deal with pakis
Of course, that would have to be considered, but an IRS agent/auditor gets paid the same amount every year whether he catches tax cheats or not. At least until those that don't catch any get fired. I'd have to look it up, but there are billions and billions in unpaid taxes every year. Every billion counts, right?
Yes, but you said "each and every" as if the amount didn't matter, as if it were a moral issue.
I get that. I feel the same way you do about the unfairness of someone cheating on their taxes. But, fiscally, it doesn't make sense to chase down every last one.
Of course, that would have to be considered, but an IRS agent/auditor gets paid the same amount every year whether he catches tax cheats or not. At least until those that don't catch any get fired. I'd have to look it up, but there are billions and billions in unpaid taxes every year. Every billion counts, right?
I said it should be considered. I don't know how much the cost is per case, but if a case indicates anything equal to or more than average cost, go after them.
We talking about going after the thousands of mythological millionaires and billionaires that cheat on their taxes?
In that case. A reduction in force is quite warranted.
Then that’s inefficient and should be looked at. Look at Greece and Italy, countries with a large percentage of tax avoiders are not prosperous. In some respects, it’s a sign of a failed country.
Nothing mythical about $600b in missing annual revenue
IRS Estimates a $606 Billion Tax Gap for 2022 | Committee for a Responsible Federal Budget
2024-10-24-The Internal Revenue Service (IRS) recently published its p
Just imagine recovering the majority of that. How can any fiscal conservative not want to do it?Nothing mythical about $600b in missing annual revenue
IRS Estimates a $606 Billion Tax Gap for 2022 | Committee for a Responsible Federal Budget
2024-10-24-The Internal Revenue Service (IRS) recently published its pwww.crfb.org
Due almost entirely to our overly-complicated tax system.Nothing mythical about $600b in missing annual revenue
IRS Estimates a $606 Billion Tax Gap for 2022 | Committee for a Responsible Federal Budget
2024-10-24-The Internal Revenue Service (IRS) recently published its p
Go to a flat tax/national sales tax combination and corruption would be much less likely and easier to track.
And we could have a much smaller IRS, realizing tremendous cost savings.
Is the expectation that the IRS will come out and say compliance is actually great, we’re probably even overstaffed.Nothing mythical about $600b in missing annual revenue
IRS Estimates a $606 Billion Tax Gap for 2022 | Committee for a Responsible Federal Budget
2024-10-24-The Internal Revenue Service (IRS) recently published its p
Or that EPA will say, we’re doing a great job lowering our carbon footprint, I think we can use less resources this year.
Or that DoD will say the world is relatively peaceful, we don’t face any imminent military threats, we can probably shrink our size and scope
Rent seekers gonna rent seek.
When people like my wife and I have tax returns look like a volume of Winston Churchill's autobiography, you know there's a problem.
I wish.
My wife is a CPA (although not in public accounting) and she loves to itemize.
I can't tell you how much time it takes for 2 people to file who have no extraordinary write-offs.
It was really bad when I owned the deli. I never made much money on it - which she loved to point out - but then she whined after I sold it because we didn't get the huge business write-offs and refunds.
Think how many CPAs would be starving if we went to a flat tax!
Agree it's too complicated. I like a flat tax if we're going to have an income tax, but I've long favored replacing the income tax with a Value Added Tax (VAT). This means everyone is contributing to federal revenue and it also ensures we collect taxes from illegal aliens and tourists to help with our federal revenue. I do not favor a VAT and an income tax together. There could be an annual or monthly rebate to low-income citizens or even one to everyone which offsets the extra costs of basic necessities.
Not a big fan of the VAT tax. Every step of production is taxed - way too complicated.
I favor a combination of a simple national sales tax and flat income tax. Spread the burden around and simplify, simplify, simplify. Maybe exempt things like food and some items to help the lower income.
Kokomo
I wish I was going into business there now. 2 huge S. Korean Samsung battery plants being built and 4 Chrysler plants. Boomtown. Even the downtown has a S. Korean restaurant now. Indian restraurant opening soon.
Blue collar. Ain't no Car-mel.
You would kill it with a deli. Plus, lots of women employees for you to get in trouble with.
Several catering businesses - very good ones.
I don't think there's a real deli in town. Kroger has a good one, but that's not a 'real' deli.
Being your best customer usually isn’t the best business
It's fine. Most don't understand the difference between what these reports are, how they are compiled and what they represent.
The official govt report is considered a lagging report. Challenger and other similar reports (ADP payroll, etc) typically give a more real time estimate.
February 2025 Job Cuts Surge on DOGE Actions, Retail Woes; Highest Monthly Total Since July 2020 | Challenger, Gray & Christmas, Inc.
U.S.-based employers announced 172,017 job cuts in February 2025, the highest monthly total since 2009, with a substantial surge attributed to factors such as DOGE actions, canceled government contracts, trade war fears, bankruptcies, particularly affecting Retail and Technology sectors, as...www.challengergray.com
And fewer government job.
So. Much. Winning.
Wait until next couple months boys. You are out of your depth.
A lot of noise in the record Biden job #’s.
When you strip out organic Covid recovery, jobs for non-citizens, and record numbers of new government jobs. What are you left with?
People in his town aren't going to be going to the Ozarks as much on vacation...
and the Red Lobster may close.
