IRS audits Black taxpayers more often than other groups, agency confirms

The Internal Revenue Service audits Black taxpayers at significantly higher rates than other Americans, Commissioner Daniel Werfel told lawmakers Monday, confirming earlier findings by researchers at leading universities and the Treasury Department.

IRS audits Black taxpayers more often than other groups, agency confirms

Related:

The IRS Targets Black Taxpayers, Researchers May Have Uncovered Why

Consistent underfunding of the IRS means it’s a lot easier for them to go after someone who is low-income and qualifies for the EITC than it is to go after someone with a million lawyers hiding money in the Cayman Islands.

Targeting the rich for their tax-related shenanigans takes some major coins, and the IRS severely lacks the funds it would need to do that. Unfortunately, that means they’re more likely to knock on the doors of people just trying to get by.

Good thing Republicans are trying to repeal IRS funds?! /sarcasm

Andrew Yang Launches Third Party For Billionaires

Related:

Forward Party: What do you need to know about the new third political party created by Andrew Yang?

Rather than something new, the party is attempting to reach a previous Republican electorate that existed before Donald Trump took control of the party.

Universal Basic Income May Sound Attractive But, If It Occurred, Would Likelier Increase Poverty Than Reduce It

Opinion: Most third parties have failed. Here’s why ours won’t.

The People’s Party has their own problems, as well.