. Among other purposes, the agency says it will use the money to target high-income earners and corporations."Democrats' new army of 87,000 IRS agents will be coming for you — with 710,000 new audits for Americans who earn less than $75k," McCarthy tweetedDemocrats' new army of 87,000 IRS agents will be coming for you—with 710,000 new audits for Americans who earn less than $75k.
But even in the 2021 plan, not all of the hires would be auditors, or work in enforcement. The report said the money would go toward many things, including"hiring new specialized enforcement staff, modernizing antiquated information technology, and investing in meaningful taxpayer service." Although the agency’s staff would increase, it’s key to note that over half of the IRS workforce is close to retirement. The plan was created with that exodus in mind and aims to hire thousands of people to simply maintain current levels. Today, the IRS has about"The IRS will lose about 50,000 people over the next five or six years," said Natasha Sarin, Treasury’s counselor for tax policy and implementation."A lot of this hiring is about replacing those people.
Sarin said another factor makes the 87,000 figure less than it appears to be. The agency’s projection of new hires was based on the idea that if things stayed as they were, another decade of business as usual would result in staff cuts. Over the past decade, the IRS has seen its funding. Between 2010 and 2018, the number of enforcement personnel fell by nearly a third. If that trend continued, the IRS would not only be replacing people lost to retirement, but to expected budget cuts.
So, the 87,000 wasn’t exclusively for people on the enforcement side, and it wasn’t all going to boost the overall size of the IRS workforce.
How would noble PolitiFact rate the bill’s name?
Want to tax “the Rich”? Tax capital gains like regular income. Why should wages face higher rates than gains?
Anf they need the guns for what?
You could've worded this more objectively and kept the guise that you're nonpartisan if you put the word 'some' at the beginning
So if you have worked your ass off to generate a “high” income get ready for your audit. 🤡
OK, then, so why is this 'mostly false'? Oh, wait, I get it now: the number 87,000 is correct and everything else is bogus.
JenBriney Just go to a flat tax and eliminate all the loopholes. Makes it easier to enforce the law, requires fewer staff, and keeps politicians from rewarding their friends with tax breaks.
This is just a press release from the Biden admin and not an actual fact check.
Need all of them agents for 600 billionaires, lol Waste of fuckin resources. The administration has been DEAD wrong these last few years on inflation, how could they be right now? Lol, your site is a polarized joke. Biden is such a shit president and his administration is worse
Be bipartisan ffs!! You have all the material on the Biden’s and 🦗‘a Get fucked..
Plus where do you get your facts? CNN?
Paying taxes is a good thing, tax dodgers are unpatriotic and rotten dead weight on society. At their worst they are cancer and we need to surgically remove them
High income earners are exactly the Americans McCarthy fears the IRS would target most. They’re the ONLY US citizens that the GOP cares about.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: PolitiFact - 🏆 17. / 71 Read more »
Source: PolitiFact - 🏆 17. / 71 Read more »
Biden Promise Tracker: | PolitiFactPresident Joe Biden promised during his campaign to establish a $100 billion fund to construct and upgrade affordable housing. The Inflation Reduction Act doesn't address housing. We found his promise has been Stalled. How about you focus on the ex president selling nuclear technology to the saudis Get on it jbiden! TeckieGirl How about you address this to the 50+2 Republicans GOP
Source: PolitiFact - 🏆 17. / 71 Read more »
Source: PolitiFact - 🏆 17. / 71 Read more »
Source: snopes - 🏆 228. / 63 Read more »