IRS only audits .5% of returns

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Eeezee

Diamond Member
Jul 23, 2005
9,922
0
76
Your post means pretty much nothing at all.

It's entirely possible that the IRS does more audits on the upper class earners because those are the ones that are worth their time. Would you make more money auditing a $30k yearly salary or a $200k yearly salary? The answer should be obvious.

Your post = useless. This is coming from a firm believer that supply-side economics is retarded and works about as well as communism has in the real world. This doesn't mean that the rich are getting away with more tax evasion. It doesn't mean anything, in fact.
 

Squisher

Lifer
Aug 17, 2000
21,204
66
91
They didn't audit my whole return, but wanted $7000+ for a stock sale we had in 2004 because the brokerage firm I was forced to go through did a ****** job of reporting the sale, just the gross sale, no cost basis, capital gain, nothing.

I'm glad we don't have to go through that brokerage firm anymore.