Chip Bok for August 23, 2022

No, the money is in rich people’s accounts.

Well looky here!!! More kuhscheisse from BaghdadBok!!!

/SHEESH/

Bok and other Trump Disciples actually believe that those with annual incomes greater than $400,000 are middle class.

.

Unless they are just LYING again.

Like they do with EVERY issue.

Chip I hope IRS goes tocyour house and “steal your money” since you like saying that’s what they do

That’s where the easy money is, not where the most money is.

I’ll say it again and again:

Democrats want tax increases for the wealthiest Americans.

Republicans want tax increases for the poorest Americans.

It’s what they do.

Outright lies and distortions. The Alt-Reich is so proud of you, Mr. Bok.

When corporate tax rates were higher, CEOs and execs would invest in the company and their employees to lower their tax liability.

The carve-out for hedge fund managers that Kyrsten Sinema insisted in gave her quite a payout. She claimed this was needed because hedge funds employ so many people. But other RW sources say that most hedge fund investors are small. Which is it? From what I’ve seen, the definition of “small” changes depending on what benefits the propagandists – companies with few people employed are called small even if they are earning millions or even billions.

The intention of the bill is to avoid raising taxes on anyone earning under $400,000. RW propagandists found some examples that may cause some of the lower earners to pay more – they provide few details and ignore that their examples are about $100 annually.

Then comes the typical “if you raise corporate taxes, they’ll just raise prices.” Did prices go down after corporate tax rates were lowered by Trump / Repubs in the 2017 bill? NO, the companies bought back stock, just like they said they would before the bill was passed. Companies were given ridiculous deductions, e.g. tax deductions for buying or even leasing a private plane and Ron Johnson’s insistence on tax benefits for “pass-thru” corporation. The latter was to benefit Johnson and his donors (aka those who bribe him).

Chip Bok simply isn’t telling the truth. The middle class simply isn’t “where the money is.” The top 10% owns more than 75% of the wealth in the US, more than three times as much as the entire, much much larger, middle class.

Chip Bok. Professional liar.

Hard to be more dishonest than this.

The premise of the cartoon is stupid. The ROI of an audit of a REAL middle-class family isn’t worthwhile unless the family in question is hiding great amounts of wealth. Meanwhile, the rich continually hide their money in tax shelters and behind laws that are written for them by the congress/senate people who are bought by them.

You got that right, Chip, tax hikes always trickle down to the middle class.

I can only imagine the creativity of the 1%, who are also election deniers, of the information, misinformation or lack of data put on their tax returns. Glad we’ll have some staff that can review and challenge to ensure they are FOLLOWING the law!

The 86,000 figure is for the next 10 years. The IRS projects that about 55,000 of their employees will have quit/retired over that same period. So we have a net increase of 30,000 or so over ten years. Keep in mind the IRS was defunded under TFG and it’s the IRS that requested the funds to re-staff what was lost.

Liar Liar Pants on fire!

The money is in neither of those places – certainly not cash.

My God the top 1% is in an absolute state of panic!

Well, that’s simply wrong. It would have been true in 1950 or even 1960, but it ABSOLUTELY is not true in the USA today.

Guess Bok’s hoping his “base” is stuck in the past of 70 years ago, before the rise of the billionaire class.

Three American billionaires have more money than half the American population combined. That’s where the money is.

Wonder if Bok will tell his grandchildren that he made his living spreading lies and misinformation?

OOOOOOOH, so scary! The IRS is coming to take ALL your money cause of Biden. “Middle Class” on the house should be replaced with “Greedy Cheating Corporations”. Yep, they are coming for your corporate minimum 15%, a lot less than the “Middle Class” already pays under the last administration’s tax tiers. If there was no IRS the greedy corporations and financial investors would be in cheaters nirvana.

It seems Chip gets all of his news from far-right websites. In the real world an extreme case would be for audits of those making $25,000 to $500,000 would increase from today’s 0.5% to maybe 1.1%.

You left out the “N’T” on the IRS guy’s remark.

Just when you think Bok won’t find a new depth of mendacity to plumb …

Wow, I didn’t know that $400k annually was middle class. I knew I was behind the curve, but I had no idea it was by that much!

Bok forgot to draw the GUNS on each thief.

All audits have dropped as Republicans have continued to starve the IRS, but audits on the rich have dropped dramatically — mostly because audits of lower-income taxpayers can be done by computer programs. Adding new agents means there will be more who can ferret out the trickery that upper-income taxpayers are equipped to pay for.

can’t touch rich people’$ accounts: un- american.

The IRS is going to be targeting people making $400,000 and up. You want us to believe that’s the middle class, Chip?

Both true, 87,000 agents will not help with the, over 20 million millionaires. Or over 700 billionaires in this country. They will be used against the middle class and the poor.

“Top 1% of U.S. Earners Now Hold More Wealth Than All of the Middle Class”

https://www.bloomberg.com/news/articles/2021-10-08/top-1-earners-hold-more-wealth-than-the-u-s-middle-class

“Top 1% Of U.S. Households Hold 15 Times More Wealth Than Bottom 50% Combined”

https://www.forbes.com/sites/tommybeer/2020/10/08/top-1-of-us-households-hold-15-times-more-wealth-than-bottom-50-combined/?sh=48cbdaa75179

Chip’s guys must be Repubs. Only their IRS agents would be draining the middle class. Where do you think the money for your tax cuts came from.

Yes sir, here they come, where they always come, after Joe average citizen!!!!!

If you don’t need the 87,000 IRS agents send them here in Italy. With € 190 billions in tax evation every year we need them like bread.