*YOU* BEING F**CKED BY THE NUMBERS:

 *YOU* BEING F**CKED BY THE NUMBERS:

20.27 MILLION: Total amount of Millionaires in the United States.

724: Total amount of Billionaires in the United States.

669,130: The average number of licensed CPA's in the United States.

$120,910: Average salary of a tax attorney in the United States

$80 BILLION: The cost of the "Inflation Reduction" Act.
1 in 4: Amount of sole proprietors being audited.

$20,000: The average amount of laywer and CPA costs for small and medium businesses to defend an audit.

87,000: The amount of new IRS agents being added to audit tax returns. Enough people to fill the horseshoe at Ohio State University.

$45.6 Billion: Money from the act being spent for enforcement.

$203.7 Billion: "Expected revenue" from audits.

$600: The new threshold the Biden administration created to make financial institutions report to the IRS. (Lowered from the original $10,000 reporting threshold. )

Banks fought against it so the Administration put the burden on pay services Ala PayPal and Venmo. Many of these services are used by the "underfunded" or "underbanked".

*YOU*: The average person who will have a greater chance of being audited. Because millionaires and Billionaires have teams of lawyers and accounts to help them legally pay the minimum amount the expected $203.7 Billion from audits is a joke!

This will become a tax on the middle class pure and simple.

Who's going to be "Team Middle Class"?

Certainly not #Democrats.
#you #middleclass #audit #irs #underbanked #underfunded #letsgobrandon #teammiddleclass #wearesofucked #drama