
IRS Could Receive $80 Billion From Taxpayers To Target Small Businesses
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As senate Democrats say they now have the votes to pass the Inflation Reduction Act, one component will include a great funding boost for the IRS.
IRS Commissioner Charles Retting stated that if they receive the $80 billion funds it would get the agency back on track. This includes closely monitoring big corporate and global high net worth taxpayers.
The IRS aims to review pass through “entities and multinational taxpayers with international tax” problems. Thus, Retting stated that it is necessary for the agency to use more efficient teams to comb through these complex features. His says the number of employees at the IRS have decreased since the 1970s.
The new bill seeks $80 billion in funds to go after tax cheats. This is expected to generate $200 billion in new revenue that would lead to a total gain of $124 billion over the next ten years. A 1% execise tax on stock buybacks and a business minimum tax would also be a part of the package.
Critics of the bill say that it goes against President Biden’s vow not to raise taxes on those who earn $400,000 or less. This comes after Republicans highlighted a new review showing that the corporate minimum tax component could increase taxes for those earning $200,000 or less.
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IRS Could Receive $80 Billion From Taxpayers To Target Small Businesses
Crime
Brother Fights With Sister, Knocking Mother’s Casket Over During Funeral

During a funeral service in Richmond, California, a huge fight occurred, involving a brother and sister. It resulted in their mother’s casket being knocked over and an apprehension.
The Richmond Police Department noted that the incident happened, on Saturday, at Rolling Hills Memorial Park.
Authorities say that during the fight, the sister’s boyfriend intervened which escalated the situation.
The brother then entered his vehicle and tried to hit his sister but missed. On the other hand, he hit another woman and made the mother’s casket fall over. It was documented that the body did not fall out.
The woman who was hit suffered non-life threatening injuries.
The brother also drove in grass and gravestones, which led to a water main break. In the end, the water flooded the plot that belonged to the funeral director’s mother.
To add, a funeral attendee hit the 36-year-old brother with a cane once he exited his vehicle in order to ‘get him under control.’
The brother received medical attention for a wound he suffered during the physical altercation and was then apprehended.
The park estimated that the total amount of damages is about $20,000. The manager noted that the cemetery will be paying for all repairs.
It was also reported that one relative brought a stun gun to the services because of a long history of problems within the family.
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Brother Fights With Sister, Knocking Mother’s Casket Over During Funeral
Crime
WATCH: Attorney General Merrick Garland makes statement in wake of FBI raid of Mar-a-Lago

The FBI searched Donald Trump’s Mar-a-Lago estate as part of an investigation into whether he took classified records from the White House to his Florida residence, people familiar with the matter said, a dramatic and unprecedented escalation of law enforcement scrutiny of the former president.
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