Voting for Audits

Source: Common Sense
by Paul Jacob

“Eighty-seven thousand new IRS agents! What could possibly go wrong? In a bill passed and signed last August, ‘$80 billion worth of new funding over the next decade’ was shoveled at the Internal Revenue Service ‘so it could’ — as a recent Reason article summarizes — ‘hire 87,000 new workers, purportedly to better target millionaire and billionaire scofflaws.’ The assurance that the new investment in personnel would not be directed towards ‘those making under $400,000 annually’ was, as Reason’s Liz Wolfe makes clear, ‘not provided within the text of the actual bill.’ Ah — political promise over actual law and all bureaucratic experience. The IRS, you see, prefers to focus its audits on the lowest income earners, who were audited more often than millionaires.” (01/10/23)