Hopefully they get caught in the "is this guy a lunatic" phase of the interview process. If they are functional and otherwise normal and reasonable then who cares if they've got an eight ball in their pocket.

Related story: my ex worked at a vet clinic for a while. She said they hired a new vet tech and he got fired on day one. He'd stolen some animal tranquilizers or something and disappeared. They found him passed out in his car drooling. Called the cops/ambulance and fired him on the spot obviously.

Point is, crazies are easy to spot, who cares what otherwise normal well adjusted people do.

https://www.irs.gov/newsroom/irs-announces-sweeping-effort-to-restore-fairness-to-tax-system-with-inflation-reduction-act-funding-new-compliance-efforts

The complex structures and tax issues present in large partnerships require a focused approach to best identify the highest risk issues and apply resources accordingly. In 2021, the IRS launched the first stage of its Large Partnership Compliance (LPC) program with examinations of some of the largest and most complex partnership returns in the filing population. The IRS is now expanding the LPC program to additional large partnerships...By the end of the month, the IRS will open examinations of 75 of the largest partnerships in the U.S. that represent a cross section of industries including hedge funds, real estate investment partnerships, publicly traded partnerships, large law firms and other industries. On average, these partnerships each have more than $10 billion in assets.

Believe me when I tell you a partnership with $10b assets is insane. Auditing that is extremely labor intensive and requires a ton of highly specialized skills and that all requires resources.

There's really nothing left to argue here so please just take this at face value and move on.

Right, well, anyway, the IRS budget just got a huge increase under the Biden administration new budget. They're finally hiring a ton of new agents and updating their ancient tech etc. The R party fought tooth and nail against this and there's an active smear campaign to make the average person afraid they're coming after you. R's managed to reduce the budget increase which is going to reduce the IRS ability to go after the whales, as you were griping about in your original post.

Yeah this is completely normal and not at all anything to flip out about. Honestly I'm surprised the reporting threshold was ever $20k to begin with. The 1099 reporting threshold for contractors has been $600 for over a decade now so I would've assumed the same for scalpers.

It's super easy to implement, comply, and enforce this. Like almost automated levels of easy. It's significantly more complex and requires tons of resources and expertise to go after the whales as you say. Resources they just don't have. Resources that might be wasted if/when it turns out the taxpayer is fully compliant within reason.

It's not about double standards, it's purely logistics and resources - at least on the IRS side. Congress is responsible for their funding, or lack thereof, and it doesn't take long to figure out who's responsible for the lack of it. So I'd encourage you to focus your ire on the response political party, not the IRS itself.

All that happened here is they lowered the reporting threshold to cast a wider net and force people to reported income they otherwise could have just not mentioned. It's not quite like flipping a switch but it's relatively easy to comply with, and relatively easy to enforce. "Fixing taxes" is significantly more complicated, to say the least.

Might be the single smartest show I've ever seen on TV

Wealth is the result of an equitable transaction that gave both parties value. So yes it is very much the goal, in any economic system.

It brings me great pleasure to own things for a long time. My car is 15 years old and it's in amazing condition, my phone is 6 years old and it's fine. Hell, I have several pairs of shoes that are 6-8 years old and I can't believe they're still going strong. When it's time for something new I'll happily upgrade but I'll never understand people who constantly need new things all the time.

Downvoted for quoting Buddha, never change lemmy, never change 🙄

You should watch The Good Place if you haven't. They definitely explore that thought and it's an outstanding show in general.