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Republicans claim Biden's planned investment
in IRS enforcement would lead to 1.2 MILLION
extra audits a year with almost half impacting
families earning less than $75,000

Original Article

Posted By: earlybird, 11/18/2021 12:44:34 PM

Republicans on Thursday attacked President Joe Biden's plans to step up Internal Revenue Service enforcement to helping pay for his spending proposals, warning it would double the number of audits in the next 10 years. Worst hit, they say in a new memo, will be families earning less than $75,000, who will account for half the audits while about a quarter would affect Americans earning less than $25,000 per year. 'President Biden wants to double Americans' chances of getting audited in order to squeeze every single dollar they can from American families and small businesses to fund the most expensive piece of legislation in history,' House minority leader Kevin McCarthy told Fox

Comments:

So much for the millionaires...

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Reply 1 - Posted by: mc squared 11/18/2021 12:53:26 PM (No. 981603)
Biden's new Shoplifter Commissioner, Saule Omarova, will be pleased.
11 people like this.

Reply 2 - Posted by: DVC 11/18/2021 1:11:00 PM (No. 981630)
If you enjoy the financial equivalent of a colooscopy without anesthesia......you'll love the next fun thing that the Dems have planned for us all.
11 people like this.

Reply 3 - Posted by: TXknitter 11/18/2021 1:12:35 PM (No. 981633)
House Minority Leader McCarthy should be announcing what HE plans to do about this as future Speaker. We understand this is a disaster!!
7 people like this.

Reply 4 - Posted by: Thos Weatherby 11/18/2021 1:19:12 PM (No. 981643)
We just need to get rid of the IRS and go to a Fair Tax system. When you buy something you pay the tax then. That tax would replace the income tax. (the more income you have the more you spend) No tax on unprocessed foods, shelter, (including amount on clothes) and medical/education. Everything else is taxed. Poor people wouldn't pay tax on their food or clothes, home, medical or education. No April 15th. No audits. No bureaucracy.
13 people like this.

Reply 5 - Posted by: bad-hair 11/18/2021 1:40:57 PM (No. 981665)
The Department of Homeland Receptionists has a backlog of multi-millions to be dealt with. Guess how long the IRS audit list is.
7 people like this.

Reply 6 - Posted by: cartcart 11/18/2021 3:30:25 PM (No. 981750)
Cue the testicle cuffs.
3 people like this.

Reply 7 - Posted by: stablemoney 11/18/2021 5:26:21 PM (No. 981840)
1.2 million audits focused on 50 million Republicans.
5 people like this.

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