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The SOARce

A SUMMARY OF APRIL’S MOST INFLUENTIAL FINANCIAL STORIES

Updated: Feb 6

By Jair Argueta




The Internal Revenue Service or most popularly known as the IRS has finally started stepping into targeting and taxing the wealthy. This is planned to be implemented into the tax system by the tax year of 2028, which is quite a long time. Thankfully this will not affect the average worker as Werfel states, “We have years ahead of us where we will be 100% focused on building capacity for higher income individuals and corporations…During this time, the audit rates of average taxpayers will not increase.” Moving on from those news on the 4th of this month, Bob Lee the Cash App founder was brutally stabbed in the streets of San Francisco at around 2:35 a.m and so far the murderer has still not been identified by police.



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