Speakout

Pay down the national debt

The Biden administration’s expanding of funding to the IRS is turning out to be a success. The IRS auditors are focusing on questionable business structures used by the super-rich millionaires and multinational corporations in search of hidden, taxable income and transactions. Reportedly, as of Jan. 12, 2024, the Internal Revenue Service collected $520 million in outstanding back taxes from (only a few of) the super wealthy millionaires. They are now analyzing roughly 284 entities, each with an average of $10 billion to $24 billion in assets on their balance sheets to determine if they are hiding undisclosed, untaxed wealth in hidden accounts. The U. S. estimates the loss of tax income ranges from hundreds of millions up to $1 trillion per year. The $520 million, plus more to follow after that, will help to pay down the national debt annually or at least help to prevent it from becoming larger.

What is his source?

Could someone please tell me where Joe Biden gets his facts and figures from? They must be complete idiots and think the American people are complete idiots. Thank you.

Not in my store

CBS reports that grocery prices are up only 5% across the nation. I wish they would come to my grocery store and look around.

Voter ID and fair elections

Anyone not in favor of voter ID does not believe in fair elections.