The IRS is showcasing its new capability to audit high-income tax dodgers aggressively as it makes the case for sustained funding and tries to avoid budget cuts sought by Republicans who want to gut the agency

The IRS is showcasing its new capability to audit high-income tax dodgers aggressively as it makes the case for sustained funding and tries to avoid budget cuts sought by Republicans who want to gut the agency

  • MicroWave@lemmy.worldOPEnglish
    111·
    1 year ago

    No comparable figures exist for how those high-dollar tax collections compared with previous years, said Jodie Reynolds, speaking for the agency. Rather, the new data reflect an initiative that started after the agency received a new funding stream through the Inflation Reduction Act passed in August by Democrats.

    • prole@sh.itjust.worksEnglish
      3·
      1 year ago

      Didn’t they take a lot (if not all) of that funding back as part of the deal Congress came up with to prevent default?