TehBamski@lemmy.world to

News@lemmy.world · 4 months ago

[AP News] IRS collects milestone $1 billion in back taxes from high-wealth taxpayers

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[AP News] IRS collects milestone $1 billion in back taxes from high-wealth taxpayers

TehBamski@lemmy.world to

News@lemmy.world · 4 months ago

2

IRS collects milestone $1 billion in back taxes from high-wealth taxpayers

The IRS has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as part of the Biden administration’s signature climate, health care and tax package signed into law in 2022.

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4 months ago
Wow, how many minutes of military spending does that cover?
- Got_Bent@lemmy.world
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  4 months ago
  Latest military annually budget is $842 billion.
  
  Comes to $2.3 billion per day
  
  One billion covers about ten and a half hours give or take
  
  (It’s early and I may have fucked the math up)

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