Rep. Smith Column: Fixing the IRS
September 07, 2024
September 07, 2024
WASHINGTON, Sept. 7 -- Rep. Adrian Smith, R-Nebraska, issued the following column on Sept. 6, 2024:
In August 2022, when President Biden signed into law the so-called Inflation Reduction Act, it included an $80 billion increase in IRS funding. According to a 2021 Treasury Department report, this funding was intended to increase the IRS workforce by 87,000 employees, primarily dedicated to increasing IRS's capacity to audit taxpayers. While the Biden-Harris administration has gone to . . .
In August 2022, when President Biden signed into law the so-called Inflation Reduction Act, it included an $80 billion increase in IRS funding. According to a 2021 Treasury Department report, this funding was intended to increase the IRS workforce by 87,000 employees, primarily dedicated to increasing IRS's capacity to audit taxpayers. While the Biden-Harris administration has gone to . . .