#Republican's destruction of the #IRS , #ACA and #SocialSecurity can be considered slow death while #corporate dumps #tax loopholes into stock options.
#buybacks
#investing
#MAGA
#policy
#Premarket

I'm not counting Billy Long, since he merely tried to revoke the tax-exempt status of the Humane Society for backing an effort in Missouri (Long's state) to ban puppy mills.
https://rturner229.blogspot.com/2011/05/billy-long-recipient-of-thousands-from.html

Long is now #Trump's nominee to head the #IRS, where he will control the tax-exempt status of nonprofits.
https://www.nytimes.com/2024/12/04/us/politics/billy-long-irs-trump.html

Wealthy Americans are still ducking the IRS crackdown on non-filers.

10s of 1000s of wealthy Americans aren't complying with recently revamped IRS efforts to get them to file tax returns.

“We continue to pursue these folks -This isn't work that we will let go.”
-IRS

A quirk in fed tax law may be incentivizing wealthy people who want to avoid taxes to not file their returns.

The IRS needs more funding, under the Trump admin, they'll likely be defunded.

#IRS #TaxCheats
https://www.cnbc.com/2024/12/05/irs-crackdown-on-wealthy-americans-faces-roadblocks-.html