The IRS is showcasing its new capability to audit high-income tax dodgers aggressively as it makes the case for sustained funding and tries to avoid budget cuts sought by Republicans who want to gut the agency

  • MicroWave@lemmy.worldOP
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    1 year ago

    No comparable figures exist for how those high-dollar tax collections compared with previous years, said Jodie Reynolds, speaking for the agency. Rather, the new data reflect an initiative that started after the agency received a new funding stream through the Inflation Reduction Act passed in August by Democrats.

    • prole
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      1 year ago

      Didn’t they take a lot (if not all) of that funding back as part of the deal Congress came up with to prevent default?