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Treasury Sec. Directs IRS to Not Increase Audits on Middle-Income Americans

    story
    AUG 2022
    Image copyright: Bloomberg/Getty Images [via The Daily Wire]
    story last updated AUG 2022

    The Spin

    Democratic narrative

    Despite the hyperbolic allegations made by Republicans, what this bill actually does is empower the IRS to enforce tax laws already on the books. While a small number of lower income tax evaders may face more scrutiny, the far larger target will be extremely wealthy people who have not paid their fair share - in the millions and billions - for years.

    MSNBC

    Republican narrative

    The Democrats knew that, and probably wanted, middle- and low-income taxpayers to face more audits when they all voted against a Republican amendment to exclude such practices. On top of that, 99% of Americans earn less than $400k, so it would be silly to think the IRS wouldn't use their new agents to go after these hard-working Americans.

    Federalist

    Political split

    LEFT

    RIGHT

    Janet Yellen Vows IRS Audits Won’t Rise For Middle-Income Americans, But There’s A Catch
    Daily WireJUL 2022
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    Washington PostJUL 2022
    Elon Musk Weighs In On IRS Preparing To Hire Army Of Agents
    Daily WireJUL 2022
    Republicans condemn 87,000 IRS agents who don’t (and won’t) exist
    MSNBCJUL 2022
    Yellen directs IRS not to use new funding to increase chances of audits of Americans making less than $400,000
    CNNJUL 2022
    Yellen Begs IRS Not to Target Middle-Class After Dems Greenlight Audits
    BreitbartJUL 2022
    The IRS is set to get billions for audit enforcement. Here's what it means for taxpayers
    CNNJUL 2022