The IRS Is Using AI to Target the Ultra-Wealthy for Tax Violations::The agency is adding AI tools to identify taxpayers who make $1 million and up, and have more than $250,000 in tax evasion.
You don’t need AI to find the ultra-wealthy. You need AI to help target the majority.
This feels like “the ultra wealthy have already squeezed all the money they can out of the poor and lower middle class, so now they are starting to cannibalize the merely wealthy.”
I know the wealthy don’t see this directly, but if it keeps the machinery of government running so they can continue to benefit and they can mine it out through subsidies and backroom graft.
I am not saying that these millionaires shouldn’t get targeted for not paying their taxes, but the IRS should start at the top and work their way down.
They are gonna go after the ones that dont have tax lawyers on retainer.
Funny that they have to resort to artificial intelligence to accomplish what they should have been doing all along.
It makes a person wonder if the IRS has any real life intelligence… 🤔
They do have intelligence, but that intelligence is deliberately underfunded to prevent this very situation. It’s impossible to navigate the mountains of paperwork and legal loopholes the ultra-wealthy use with so few hands. That’s why poorer filers get audited more often: less leg work, easier wins, at the expense of real revenue and justice against tax evaders.
Decades of budget cuts by Congress have made it so they just don’t have the staff necessary to untangle the web of financial transactions that the ultra-wealthy use to hide their tax evasion. Using AI allows them to do so despite the perpetual budget cuts.
