I am willing to bet a lot of this “Joe Biden must drop out” nonsense if because of this: IRS reports collecting $1 billion from rich households’ back taxes.
The IRS reported Wednesday that it has collected $1 billion in taxes and penalties owed by hundreds of wealthy households who accumulated past-due tax debts for years while IRS enforcement dwindled.
“The tax bill wasn’t even in dispute — the taxes were clearly owed by these people,” IRS Commissioner Danny Werfel said in a call with reporters. “But we didn’t have the people or the resources. … It takes time and staffing to work through these cases.” Get a curated selection of 10 of our best stories in your inbox every weekend.
The tax agency, boosted by $60 billion in additional funding from the 2022 Inflation Reduction Act, has hired hundreds of skilled accountants over the past year and a half after years of shrinking staffing.
Is Biden old? Yes. Really old? Yes. But Biden has been far better than I expected and he’s doing the job (gaffes and all). Should we have a younger person in there? Assuming as qualified, 100%. But it’s Joe. Dems need to push the DNC to embrace the younger folks rather than fight them.
The problem, I assume, is the youngs want it all to be better and that costs money which means higher taxes (for the rich). The rich do not want that. At all.
I’d love to see a Harris/AOC ticket. Or Whitmer/AOC ticket. I hope one day to be able to vote for AOC for president. By the way, it’s a damn shame the Dems aren’t not 100% backing her impeachment movement against Thomas and Alito.