House Republicans held their first vote with their new majority on a bill to slash over $70 billion for the Internal Revenue Service — funding that was pegged to allow the agency to go after wealthy tax cheats.
that found that the IRS audited the poorest Americans at the highest rate of any tax bracket in 2022, with relatively few audits for millionaires. Though the report specifically says the lack of audits of the rich are due to “severe budget cutbacks over the years,” Republicans have been lying about the findings, saying that the IRS targets poor Americans as a regular practice and would use the new funding to continue doing so.
“The very first bill passed by our new GOP majority rolls back $80 billion in funding Dems passed to create a supersized IRS with 87,000 new agents tasked with squeezing lower and middle-class taxpayers,” said Rep. Patrick McHenry, a Republican from North Carolina, repeating several lies about the IRS funding.
The fact that this was the first bill the House passed under Republican rule is a show of the party’s priorities, others pointed out. “It speaks volumes that House Republicans’ first bill in their new majority is focused on making it easier for the wealthiest Americans and biggest corporations to pay even less in taxes,” said Groundwork Collaborative Executive Director Lindsay Owens in a statement.
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