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IRS collects milestone $1B in back taxes from high-wealth taxpayers

(apnews.com)
95 points gmays | 1 comments | 27 Jul 24 02:48 UTC | HN request time: 0s | source
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victor9000 ◴[27 Jul 24 06:12 UTC] No.41084762[source]▶
During Fiscal Year (FY) 2023, the IRS collected nearly $4.7 trillion in gross taxes, processed almost 271.5 million tax returns and other forms, and issued about $659.1 billion in tax refunds. [1]

IRS’s actual expenditures were just over $16.1 billion for overall op­erations in Fiscal Year (FY) 2023. [2]

[1] https://www.irs.gov/statistics/soi-tax-stats-irs-data-book

[2] https://www.irs.gov/statistics/irs-budget-and-workforce

replies(2): >>41084769 #>>41084927 #
1. miohtama ◴[27 Jul 24 06:15 UTC] No.41084769[source]▶
Good to set into context, thank you