The IRS is focusing its audits on middle-class earners, with reports indicating that 63% of new audits target taxpayers earning less than $200,000. Despite promises to target the wealthy, a significant portion of audits cover filers earning under $1 million.
BIDEN: 87K new IRS agents won’t target the middle class & will only go after the wealthy. REALITY: 63% of new audits targeted those making under $200K. Only small overall share reached highest earners & 80% of audits covered filers earning under $1M. https://t.co/pD8E4VPumc
That makes sense…the IRS is the biggest threat to the average American. https://t.co/y24mV9rBVD
The Wall Street Journal reports that 63% of new IRS audits 'targeted taxpayers with income of less than $200,000' and that 'only a small overall share reached the very highest earners' Biden’s newly hired 87,000 IRS agents are trying to squeeze everything from the working class.