A report from Republican members of the House Ways &amp; Means Committee reveals that Americans are more than twice as likely to experience an IRS audit under President Joe Biden’s “tax and spending spree.”
The $1.75 trillion Build Back Better Act <a href="https://www.dailywire.com/news/build-back-better-critics-say-accounting-gimmicks-additional-irs-enforcement-hiding-real-cost-to-americans">includes</a> $80 billion in funding for the Internal Revenue Service — which includes the hiring of 87,000 more IRS agents and more than 1.2 million new federal tax audits each year.
Citing Congressional Budget Office data, the <a href="https://gop-waysandmeans.house.gov/americans-chances-of-audit-more-than-doubles-as-newly-supercharged-irs-targets-lower-middle-income-earners/">report</a> says:
<blockquote>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.</blockquote>
The report further explains:
<blockquote>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.</blockquote>
During a recent <a href="https://www.dailywire.com/news/smashmouth-with-small-businesses-tax-reform-expert-blasts-bidens-call-for-87k-more-irs-workers">interview</a> with One America News, Grover Norquist — the president of Americans for Tax Reform — said that the Build Back Better Act will play “smashmouth with small businesses.”
“The IRS has said they’re going to increase going after small businesses 50%,” Norquist asserted. “Biden gives speeches about how they’re going to go after big corporations and rich people. We know that’s not true. Large corporations are already audited regularly; rich people get audited. Where they’re planning to go, and where the IRS is telling us ahead of time, is to go after smaller businesses.”
“A lot of them deal in cash; restaurants, nail salons, beauty salons, barber shops, food trucks; all of your neighborhood grocery stores. This is where the IRS is going to go after and harass small businesses,” he continued. “Even an audit can bankrupt a small business because of the time it takes away from actual work getting done.”
The Democrats’ original social spending bill would have <a href="https://www.dailywire.com/news/biden-administration-partially-walks-back-irs-plan-to-track-most-transactions-over-600">compelled</a> banks to report gross inflows and outflows to the IRS in accounts with balances above $600 at any time during the year. Once lawmakers raised concerns over potential violations of the Fourth Amendment — which prohibits unreasonable searches and seizures — Treasury Secretary Janet Yellen announced that the minimum balance would be raised from $600 to $10,000.
“Today’s new proposal reflects the Administration’s strong belief that we should zero in on those at the top of the income scale who don’t pay the taxes they owe, while protecting American workers by setting the bank account threshold at $10,000 and providing an exemption for wage earners like teachers and firefighters,” Yellen said. “We will continue to work with leaders in Congress to enact this important measure to level the playing field for workers and small businesses, and raise revenue to build our economy back better.”

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Americans Twice As Likely To Experience IRS Audits Thanks To Biden Spending Plan

CONTINUE READING

Bud Light Sales Continue To Plummet, May Soon Lose Status As Number-One Beer

‘Profoundly Christian’: Former Head Of Anglican Church Presses British Government To Endorse Assisted Suicide

Ben Shapiro Reacts To Debt Limit Deal, Hits Both Democrats And Republicans Over Spending Habits

‘The Chosen’ Defends Pride Flag Spotted On Set: ‘Let The Show Speak For Itself’

Chick-Fil-A Faces Backlash As Their Diversity Efforts Resurface, Other Woke Brands Take Beating

North Korea Sentenced Two-Year-Old To Life In Prison After Family Caught With Bible: State Department

News and Commentary

Build Back Better

Joe Biden

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Menu

— News and Commentary —

Americans Twice As Likely To Experience IRS Audits Thanks To Biden Spending Plan