“There’s been confusion about the meaning of the directive that you cited in the letter last August and then repeated here today,” Smith told Yellen, referencing her August 2022 letter in which she directed that the IRS shall not use new personnel or auditors “to increase the share of small businesses or households below the $400,000 threshold that are audited relative to historical levels.”

Yellen’s letter stated that “contrary to the misinformation from opponents of this legislation, small business or households earning $400,000 per year or less will not see an increase in the chances that they are audited.” //

So Smith asked what are they talking about when they’re talking about “will not see an increase” — did she mean the total number of new IRS audits or a proportionate number based on historic levels?

“I’m talking about the proportion of those small businesses and families,” Yellen responded.

“Okay. So the proportion, I mean, just for the record, the proportion is 90%,” said Smith, referencing the GAO report. “So 90% of the new audits will be, you know, according to the data, that we can expect up to 90% of new audits to be on those making less than $400,000.”

Oh, so they were playing word games with us. They’re still going to have 90 percent of the new audits falling on us.

No one truly knows exactly when Daniel Morgan (died July 6, 1802) was born. He may have been born in 1736, or possibly 1735. What is indisputable is that Morgan was born just in time for one of the great revolutions of the world.

AFP News Agency @AFP
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VIDEO: A Czech company producing inflatable weapon decoys including Himars rocket launchers and Abrams tanks has seen its profits soar as the Russian invasion in Ukraine continues.
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7:00 AM · Mar 7, 2023

Good ideas, it seems, are forever. //

Poland has decided to send 29 MiG-29 fighters, and Slovakia will send 11; this will make up for about half the losses the Ukrainian Air Force has suffered over the last year. //

I think it is safe to say that whatever offensive operation the Russians had planned is floundering. Ukrainian troops will complete their training on the Challenger 2 and Leopard 2 tanks, and the Bradley and Marder (among other) modern infantry fighting vehicles, in the next 3-4 weeks. Staff training should be finished by that time. In addition, the introduction of the JDAM places previously secure areas within the range of Ukrainian attacks. Then the question will be if the Ukrainians can put together an offensive that can breach Russian defenses and achieve a breakout at the operational level. If they can, we will see Russia forced to abandon nearly all of Ukraine except Donbas. If not, we’re in for a long grind.