IRS to go after executives who use business jets for personal travel in new round of audits

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6 thoughts on “IRS to go after executives who use business jets for personal travel in new round of audits

    1. I do believe 91 indictments is more proof of a crime family than zero. Or perhaps the MAGA republicans are just inept at proving anything they claim.

    2. well, open border, runaway inflation, and the myth of the Biden Crime Family would not fall within the jurisdiction of the IRS. And soon, perhaps, the latter will not longer be a “thing” as the MAGgots run out of non-felons whose testimony can pass a giggle test, much less any test that would be applied in a Senate Impeachment hearing or any criminal prosecution.

      Jordan should be glad no one conducted such hearings on his involvement with sexual predators and the Ohio State wrestling team…those folks were not, unlike the witnesses against the Bidens, making it all up.

      What the IRS can and should be doing is more audits. But the last few passes of budget talks have all featured Republican calls to cut IRS funding. The Republicans insist the IRS is coming after the “little person”. Yet pretty much every major audit initiative funded over the past few years has targeted the wealthy whom, as the IRS notes, have seen their audit rates drop over the last decade due to loss of budget to hire the staff to audit the wealthy. Or to make substantial improvements in their IT systems, which would greatly assist the “little people.” The Republican know where the butter for their bread comes from…very wealthy Republican business owners who don’t want the IRS poking around in their business.

    3. In defense of the Republicans, compared to some of the billionaires who do things like buy Supreme Court justices, maybe their idea of a “little person” is someone worth “only” 40-50 million.

  1. I believe many corporations allow their executives to use Corporate Jets for personal use. They calculate the cost at the price of a first class commercial airline ticket for the route flown – which of course significantly undervalues the true benefit of the perk. IRS should change the rules to set the value at what a private charter would cost.

    Even that would be a deal for the Executive, since it is considered imputed income.

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