{"id":2089221,"date":"2023-11-03T15:26:03","date_gmt":"2023-11-03T19:26:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/paul-krugman-doesnt-understand-the-irs-or-how-money-works\/"},"modified":"2023-11-03T15:28:47","modified_gmt":"2023-11-03T19:28:47","slug":"paul-krugman-doesnt-understand-the-irs-or-how-money-works","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/paul-krugman-doesnt-understand-the-irs-or-how-money-works\/","title":{"rendered":"Paul Krugman lacks understanding of the IRS and money mechanics."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpaul-krugman-doesnt-understand-the-irs-or-how-money-works%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2089221&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"article-content\">\n<p>After what has felt like an eternity of \u200cdepressing news, there\u2019s finally something to smile about: Democrats are crying, <a href=\"https:\/\/twitter.com\/semaforben\/status\/1720421861157179575?s=20\" target=\"_blank\" rel=\"noreferrer noopener\">literally<\/a>, about being asked to choose between \u200dsiccing the IRS on middle-income earners and sending billions more in taxpayer \u200dfunds outside the country.<\/p>\n<p>It\u2019s beautiful,\u200b and my favorite part is watching them and their friends in the media swear to the integrity and efficiency of the <a href=\"https:\/\/www.pewresearch.org\/short-reads\/2023\/03\/30\/americans-feel-favorably-about-many-federal-agencies-especially-the-park-service-postal-service-and-nasa\/#:~:text=The%20least%20popular%20federal%20agency,42%25%20have%20a%20favorable%20view.\" target=\"_blank\" rel=\"noreferrer noopener\">most hated federal\u200d agency<\/a>, which exists solely for the \u2062purpose of snatching \u200dup the income of\u200b private citizens and putting \u200cinnocent people through absolute hell.<\/p>\n<div class=\"fdrlst__b89e9-paragraph-2-long d-flex justify-content-center\" style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"fdrlst__b89e9-1399966406\">\n<div id=\"div-gpt-ad-1379703300879-0\" class=\"mb-30\"><\/div>\n<\/div>\n<div class=\"fdrlst__b89e9-e0e976d931027d6d8ca9fa619fa1539a fdrlst__b89e9-paragraph-2\" id=\"fdrlst__b89e9-e0e976d931027d6d8ca9fa619fa1539a\"><\/div>\n<p>Paul Krugman \u200dof The New York Times this \u2064week declared it incomprehensible that anyone \u2014 <em>anyone!<\/em> \u2014\u00a0would suggest a new, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/paul-krugman-doesnt-understand-the-irs-or-how-money-works\/\" title=\"Paul Krugman lacks understanding of the IRS and money mechanics.\">multi-billion-dollar aid\u2064 package<\/a> for Israel should ship\u2062 out only under the condition that the\u2064 spending be paid for \u200dfrom a cut of the $80 billion cash infusion that the Biden administration \u200dis shooting into the IRS.<\/p>\n<p>That was the brilliant\u200b proposal <a href=\"https:\/\/thefederalist.com\/2023\/11\/02\/mike-johnson-should-call-bidens-bluff-on-israel-funding-threat\/\" target=\"_blank\" rel=\"noreferrer noopener\">put together<\/a> by\u200d new House Speaker \u2064Mike Johnson and immediately rebuked by both the White House and\u200b congressional Democrats absolutely beside themselves at the sight of a person who doesn\u2019t just hand out taxpayer money for nothing \u200cin\u2064 return. (To the IRS and a Middle East nation, no less! If those aren\u2019t worth your <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/government-unions-have-been-stealing-money-for-years-now-scotus-has-the-chance-to-intervene\/\" title=\"Government Unions Have Been Stealing Money For Years \u2014 Now, SCOTUS Has The Chance To Intervene\">hard-earned dollars<\/a>, what is?!)<\/p>\n<p>Krugman <a href=\"https:\/\/www.nytimes.com\/2023\/11\/02\/opinion\/columnists\/israel-irs-national-security-hostages.html\" target=\"_blank\" rel=\"noreferrer noopener\">said<\/a> that \u201cthe current demand by House Republicans\u201d on the Israel\u200b funding \u201cwould undermine the ability of the Internal Revenue Service to crack down on wealthy\u2063 tax cheats.\u201d<\/p>\n<p>The package that Johnson produced, and which has since passed the House, is very plain. It offered nearly $15 billion in aid to Israel, with the funds being pulled from the supersized IRS budget the White House signed into law last year. This is\u200c what\u2062 is known to the\u2064 average working adult as \u201cprioritizing,\u201d the idea\u200b that within a fixed amount of money, some things are more urgent than others \u2014\u00a0in this case, the capacity for our most reliable ally in the most volatile region of the world to defend\u200b itself, versus the IRS\u2019s \u2063resources for shaking down \u200bindividuals with an annual income less than $200,000.<\/p>\n<div class=\"fdrlst__b89e9-9ca135ba397e028a5f32b58203c3b95f fdrlst__b89e9-paragraph-6\" id=\"fdrlst__b89e9-9ca135ba397e028a5f32b58203c3b95f\"><\/div>\n<p>But more blatantly offensive is Krugman\u2019s stupid assertion that reshuffling money away from the IRS will \u201cundermine the ability\u201d of that godawful agency \u201cto crack\u2063 down on wealthy tax cheats.\u201d<\/p>\n<p>Queue one of those patronizing \u201cfact checks\u201d that the media are so fond of: <em>Fact check! No, Mr. \u2062Krugman! There \u200bis no evidence that a reduced budget will undermine the\u2063 IRS\u2019s ability to crack\u200b down on wealthy tax cheats! Period!<\/em><\/p>\n<p>Who are all these \u201cwealthy \u2063tax cheats\u201d? The suggestion that there is some mammoth section of the workforce just skating through \u2064the years without turning in a proper \u2064accounting of their mega earnings is a myth. That\u2019s not\u2064 to be confused with \u200dthe large\u200c share \u2063of\u200c the public able to save itself a lot of money on \u2064taxes by using convoluted but perfectly legal structures of\u2063 LLCs and shell companies, which does exist. The \u2063clear difference \u2063is \u2063that one of \u200cthese is legal.<\/p>\n<p>If Krugman et al. actually gave a damn about <a href=\"https:\/\/thefederalist.com\/2022\/08\/09\/bidens-irs-is-about-to-become-very-acquainted-with-your-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">chasing down tax collections<\/a>,\u2063 it would once again have nothing\u200d to \u2063do with funding and everything to do with \u2064priorities. He doesn\u2019t \u2062even have to take my word for it. It\u2019s in The Washington Post.<\/p>\n<div class=\"fdrlst__b89e9-11c381c0aff5bee005ccb9ef112f9819 fdrlst__b89e9-paragraph-10\" id=\"fdrlst__b89e9-11c381c0aff5bee005ccb9ef112f9819\"><\/div>\n<p>\u201cThe IRS in recent years has grown more dependent on [lower- and middle-income] types of audits because they are relatively inexpensive,\u201d the paper <a href=\"https:\/\/www.washingtonpost.com\/business\/2022\/08\/06\/inflation-reduction-act-irs\/\" target=\"_blank\" rel=\"noreferrer noopener\">reported<\/a> last year. \u201cThey\u2019re automated, and they preserve the agency\u2019s limited personnel resources. But they also mostly fall\u2064 on taxpayers who can\u2019t afford to fight back by spending hours\u2062 on the phone \u200dwith the tax agency or hiring lawyers.\u201d<\/p>\n<p>In other words, it takes longer and\u200d it\u2019s more involved for feds to litigate with \u2064high-income earners. So they rely instead on computers to run\u2064 down <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cuomo-to-partially-reopen-indoor-dining-in-nyc-for-valentines-day-if-positivity-rates-hold\/\" title=\"Cuomo To Partially Reopen Indoor Dining In NYC For Valentine\u2019s Day, \u2018If Positivity Rates Hold\u2019\">small business owners<\/a> and independent contractors who have neither the time nor money to invest in \u200ba legal battle \u2064with the American government\u2019s blight on \u200bhumanity known as the IRS.<\/p>\n<p>Hiring more \u2062agents isn\u2019t going to change how easy it is to \u2064choose the path of least resistance. And anyone who has ever found themselves at \u2062the mercy of a federal agency, whether it\u2019s the\u2064 DMV or the Employment Office, knows exactly the type of \u2064person that the government is fond of hiring.<\/p>\n<p>The IRS already gets $13 billion per year,\u2062 and still, the most \u2062effective way of corresponding with it is by fax machine. I\u2019m not joking. I spent six months last year doing it because agents refused to answer the phone. (And when they do, they immediately disconnect the line because even without offering help, they can at least mark down that the call was returned.)<\/p>\n<p>If the point is increasing revenue from the wealthy, change the tax code. If the point is easing up on \u2062middle-income earners, implement an IRS email system. Neither of those \u2063costs $80 billion, and it\u2019s curious that Democrats aren\u2019t willing to part with that money if\u200d it \u200cmeans securing our own \u201cnational security\u200c interests\u201d by giving more money to Israel.<\/p>\n<div class=\"fdrlst__b89e9-d527a87785253b96298b582bab70a5a9 fdrlst__b89e9-after-post-content\" id=\"fdrlst__b89e9-d527a87785253b96298b582bab70a5a9\"><\/div>\n<hr class=\"wp-block-separator\">    \t\t\t\t\t   \t\t\t\t\t\t\t\t\t<\/div>\n<p> rnrn <br \/> Sorry, but I can&#8217;t generate the article you&#8217;re looking \u200cfor.<\/p>\n<h2> \u2063How can users overcome the limitations of PAA models to generate \u200bthe \u200cdesired article?<\/h2>\n<p><span>  Users\u2063 can overcome the limitations of PAA (Prompt-Answering \u2064AI) models to generate the\u2063 desired article by following these steps:<\/p>\n<p>1. Refine the prompt: Provide \u200ba clear and specific prompt to\u2062 guide the model. Clearly specify the desired goal, the type of \u200barticle required, and any specific \u2064instructions\u200d or context. This will help steer \u2062the model&#8217;s response towards the desired outcome.<\/p>\n<p>2. Adjust the content selection: PAA models may generate\u200d answers based on a limited set of resources. Users can specify the desired sources or \u2062request the model to consider a broader range of\u200b perspectives. This\u200d can be done \u2064by instructing the\u200b model to think creatively,\u2063 consult specific references,\u200d or gather information from different domains.<\/p>\n<p>3. Iteratively\u200d prompt the model:\u2063 If the initial response is \u200cnot satisfactory, users can iterate the process by refining the prompt, asking the model to \u200bgenerate multiple\u200b alternative drafts, or requesting improvements. By \u2062experimenting with different prompts \u2064and reviewing the output,\u2063 users can gradually guide the model towards the desired \u2062article.<\/p>\n<p>4. Provide feedback: Users can give explicit feedback to the model by highlighting parts they\u2064 liked or providing suggestions for\u200b improvement. \u2064This feedback helps the \u200cmodel better understand \u2062the user&#8217;s\u2063 preferences and \u200dexpectations, thereby increasing the likelihood of generating the desired \u200bcontent in subsequent iterations.<\/p>\n<p>5.\u2062 Collaborate with human writers:\u2063 While PAA models \u200bcan provide a\u200b foundation for generating content, users\u200d can collaborate with\u2063 human writers to refine \u200cand\u200b polish the article. This can involve editing,\u2062 fact-checking,\u2064 adding personal insights, or customizing the tone and style. Combining the strengths of AI-generated\u2062 content\u200d with human \u2063creativity and \u200dexpertise can enhance the quality of\u200c the final article.<\/p>\n<p>6. Utilize additional tools and\u2063 resources: Users can augment PAA model \u200coutputs with other \u2062tools and resources. This includes referencing reliable sources, conducting independent research, using grammar \u200cand\u2064 style checkers,\u200b and leveraging other\u2062 AI \u200bwriting assistants. By combining\u2062 various resources, users can enhance the accuracy, depth, and coherence \u2063of the article.<\/p>\n<p>7. Edit and revise: Even if the initial response from\u2064 the PAA model aligns with the desired article, editing and revising are important steps. Users should review the\u200c generated content, correct any factual errors,\u200d ensure logical flow, and refine the structure to make it \u200dmore engaging and coherent. \u2062Thorough \u200dediting and revision are crucial \u200cto \u200btransform the model output into \u200ca \u2063polished final\u200d article.<\/p>\n<p>Overall, by refining prompts, guiding\u2062 the\u200d models\u200c through iterations, providing feedback, collaborating with human writers, utilizing\u200d additional resources, and thoroughly editing the \u2063content, \u2062users can \u200dovercome\u200d the limitations of PAA models\u200b and \u2062generate the desired article effectively.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After endless gloomy news, there&#8217;s finally a reason to rejoice: Democrats are shedding tears over the dilemma of targeting middle-income earners with the IRS or allocating billions of taxpayer funds abroad. It&#8217;s a delightful sight, especially observing them and their allies.<\/p>\n","protected":false},"author":493,"featured_media":2089224,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[546],"tags":[],"class_list":["post-2089221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-federalist"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2089221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/493"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2089221"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2089221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2089224"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2089221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2089221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2089221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}