Quote:
Originally Posted by RummyBoy
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The list of affected taxpayers will be compiled by the Internal Revenue Service using a threshold of $50,000 of unpaid federal taxes, including penalties and interest, which would be adjusted for inflation.
If enacted in current form, the law would take effect on Jan. 1 and would apply to existing tax debts. According to estimates by the Joint Committee on Taxation, the measure is expected to raise $398 million over 10 years.
^^^^ They SHOULD do that.