IRS Reveals Plan to Spend $80 Billion Funding Boost

IRS Reveals Plan to Spend $80 Billion Funding Boost

THE SIGNAL

Rep. Jason Smith, R‑Mo., asked Treasury Secretary Janet Yellen whether the IRS will use race or gender in deciding audits in response to the Biden administration’s “equity” push.  The Internal Revenue Service on Thursday unveiled its long-awaited spending plan for a controversial $80 billion cash infusion, pledging to hire thousands of new workers to audit wealthy Americans and big corporations.  The roadmap provides new details about how the tax-collecting agency will use the money over the next decade, including plans to modernize technology, improve customer service, deliver real-time alerts, provide “world-class” customer service and crack down on the so-called tax gap by enhancing enforcement of the wealthy.The Treasury Department previously said the funding boost would …

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