Americans’ Chances of Audit More than Doubles as Newly Supercharged IRS Targets Lower- & Middle-Income Earners

November 18, 2021 — Blog    — Oversight    — Press Releases    — Select Revenue Measures   

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Topline Message: Democrats’ tax and spending spree will more than double Americans’ chances of being audited as it targets lower and middle-income earners. The proposal will lead to an additional 1.2 million IRS audits each year, nearly half of which will hit middle class families making less than $75,000. All this so Democrats can wring an extra $200 billion out of the American people, particularly from middle-class families and small businesses.

  • Biden’s plan to supercharge the IRS with $80 billion in mandatory funding and 87,000 new IRS agents will lead to drastically higher audit rates for all Americans at every income level according to the Congressional Budget Office.
  • What does that mean for Americans? More than double the chance of being audited. And not just for the rich.
    • There would be more than 1.2 million more individual audits per year.
    • Nearly half of these audits—over 583,000—would be on Americans making up to $75,000 a year.
    • Even the lowest income Americans would see more audits with a quarter of these audits—over 313,000—hitting Americans making up to $25,000 per year.
  • This also will mean more than 800,000 more federal tax liens on taxpayer property such as homes and vehicles.
  • The best available information/data shows that the majority of underreported individual and small business income is from those making between $0 and $200,000.

Bottom Line: The Biden plan will mean more audits of the middle class and lower-income Americans, 800,000 more federal tax liens per year, and more IRS shake downs of American families and small businesses.

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