Politics

He Lied Again: Biden’s 87,000 New IRS Agents Will Target Middle and Lower Classes, NOT The So-Called ‘Rich’

A new study finds that, contrary to Biden’s claims, his 87,000 new IRS agents won’t look to squeeze billions from “the rich,” but instead will set their evil sights on the poor and middle classes.

The study from Syracuse University finds that the IRS has traditionally targeted the middle and lower classes and will continue to do so, but now with even more resources to attack the average American while continuing to ignore the upper income earners.

Per the Washington Examiner:

The Transactional Records Access Clearinghouse, a highly reputable research outlet, reports, to quote the headline of its Jan. 4 report, that the “IRS audits few millionaires but targeted many low-income families in FY 2022.” More specifically, according to the TRAC Syracuse report, “The taxpayer class with unbelievably high audit rates — five and a half times virtually everyone else — were low-income wage-earners taking the earned income tax credit.”

Indeed, the IRS’s audit system is set up in a way that makes it almost inevitable that low-income earners, not millionaires, get harmed the most by audits, sometimes losing money not because the IRS found them to be gaming the system but because they don’t have the resources to comply with the audit demands.

As National Taxpayer Advocate Erin Collins reported to Congress, low-income earners have what TRAC Syracuse summarized as “complex issues inherently involved with substantiating the anti-poverty earned income tax credit.” Thus, now directly quoting Collins, “The IRS correspondence audit process is structured to expend the least amount of resources to conduct the largest number of examinations — resulting in the lowest level of customer service to taxpayers having the greatest need for assistance.”

The report adds that, “In addition to targeting low-income earners, the audits likely will snatch $20 billion away from middle-class taxpayers, some of whom also, as with the low-income earners, will be guilty not of fraud but of insufficient resources to fight mistaken IRS assumptions.”

So, once again, the Democrats have claimed they care about the “little guy” while putting their iron boot heel directly on the throats of the same little guys they claim to be protecting.

The lesson here – as always, is that all Democrats are liars.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, or Truth Social @WarnerToddHuston

Cross-posted with iPatriot

Related:

Turn your back on Big Tech oligarchs and join the New Resistance NOW!  Facebook, Google, and other members of the Silicon Valley Axis of Evil are now doing everything they can to deliberately silence conservative content online, so please be sure to check out our MeWe page here, check us out at ProAmerica Only and follow us at Parler, SocialCrossSpeak Your Mind Here, and Gab.  You can also follow us on Truth Social here, Twitter at @co_firing_line, and at the social media site set up by members of Team Trump, GETTR.

While you’re at it, be sure to check out our friends at Whatfinger News, the Internet’s conservative front-page founded by ex-military!And be sure to check out our friends at Trending Views:Trending Views

Warner Todd Huston

Warner Todd Huston has been writing editorials and news since 2001 but started his writing career penning articles about U.S. history back in the early 1990s. Huston has appeared on Fox News, Fox Business Network, CNN, and several local Chicago News programs to discuss the issues of the day. Additionally, he is a regular guest on radio programs from coast to coast. Huston has also been a Breitbart News contributor since 2009. Warner works out of the Chicago area, a place he calls a "target rich environment" for political news.

Related Articles

Our Privacy Policy has been updated to support the latest regulations.Click to learn more.×