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IRS Vows To Investigate Tax Leakers After Reporters Reveal Tax Avoidance From Wealthiest American
After ProPublica released the tax information of the wealthiest Americans showing that they paid little to no taxes for many years, the IRS decided that it was time to crack down...on the people who leaked the tax information, NOT the people who have managed to avoid paying taxes for years. This tells you everything that you need to know about the priorities of this arm of the government, and they would rather punish the people exposing the truth than actually go after the ones who are gaming the system. Ring of Fire's Farron Cousins discusses this.

Link - https://www.wsj.com/articles/irs-is-investigating-release-of-tax-information-of-wealthy-americans-11623179470

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

A bombshell report came out from ProPublica this week, showing that some of the wealthiest Americans, in fact, not just some of, the wealthiest Americans in the United States, based on their tax data, which was obtained by ProPublica, that these individuals paid little to no taxes over the past 15 years. And this includes such notable billionaires as Jeff Bezos, who wants to go to outer space now and Warren Buffet. And of course, many others, the usual suspects, essentially, paid virtually nothing. Some years they did pay absolutely nothing in taxes to the IRS. So how did the IRS respond to that? Right? Because you know, rich people, avoiding taxes is nothing new. A lot of this information was already widely suspected. Now it's just been confirmed based on their tax documents. So what's the IRS going to do? Well, the IRS announced Tuesday evening that they are going to be investigating this because this behavior cannot stand, except they're not exactly investigating the tax avoiders out there.

No, they want to investigate who leaked the tax documents. How did ProPublica get thei
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