President Joe Biden insisted that giving the Internal Revenue Service $80 billion and hiring 87,000 new agents would be all about targeting the wealthy, not the middle class. Unsurprisingly, it turns out his new bulked-up IRS is the same as it always was.
The Treasury Inspector General for Tax Administration issued a report on the progress that Biden promised for his beefed-up IRS, something Biden’s Treasury Department officials said would bring in $561 billion in revenue over the next decade. It is off to an inauspicious start, with IRS officials saying the service won’t be tracking its own progress until later this year. According to TIGTA, the IRS’s April 2023 strategic plan “did not include specifics on how the IRS was going to ensure it met this commitment.”
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