this post was submitted on 10 Sep 2023
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469
The IRS Is Using AI to Target the Ultra-Wealthy for Tax Violations (gizmodo.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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The IRS Is Using AI to Target the Ultra-Wealthy for Tax Violations::The agency is adding AI tools to identify taxpayers who make $1 million and up, and have more than $250,000 in tax evasion.

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[–] jecxjo@midwest.social 22 points 1 year ago (2 children)

I'll believe it when i see it. The amount of lost funds from multi millionaires and billionaires would easily pay for the staff required and yet they don't do it. It has always felt like an intentional act ignoring the wealthy to keep money in the US. Cheat on taxes as long as you keep your business woth us.

[–] bogdugg@sh.itjust.works 23 points 1 year ago (1 children)

Worth noting Biden recently put something like $60-$80 billion into improving the IRS.

[–] Edgelord_Of_Tomorrow@lemmy.world 1 points 1 year ago

Counterpoint: one time he fell over and sometimes he speak bad

[–] RememberTheApollo_@lemmy.world 2 points 1 year ago

Pay more to buy politicians, which are way less than what it costs to pay taxes.