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IRS penalties on American taxpayers surged nearly 300% last year

  • Offline The Drifter
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06-20-2024, 09:05 AM (This post was last modified: 06-20-2024, 09:05 AM by The Drifter. Edited 1 time in total.)

The IRS wouldn't need to do this if the Government would quit spending our tax dollars like a drunken sailor on shore leave for the first time in a year........ And yes, I know ALL political parties are guilty of pork barrel spending.

IRS penalties on American taxpayers surged nearly 300% last year

The IRS hit taxpayers with a record $7B in penalties last year

The IRS hit Americans with $7 billion in tax penalties in 2023, a record-high level that marks a nearly 300% increase from the prior year.

The majority of the fines were levied against those who underpaid their estimated quarterly income taxes, which is predominantly freelancers, gig workers and other self-employed individuals.

https://www.foxbusiness.com/money/irs-pe...-last-year
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IRS penalties on American taxpayers surged nearly 300% last year - by The Drifter - 06-20-2024, 09:05 AM



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