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Posted On: 09/01/2022 6:10:52 PM
Post# of 127157
CBO: Yes, Americans Making Under $400K Will Get Audited By The IRS
White House Press Secretary Karine Jean-Pierre made an inaccurate statement (LIED) when she told reporters “No. Very clear. No.” in response to a question about whether “anyone making under $400,000” would face new audits.
The Congressional Budget Office estimates that about $4 billion in revenue over the next 10 years can be traced in part to new auditing efforts funded by the Inflation Reduction Act targeting taxpayers that report less than $400,000.
“Some taxpayers reporting income of less than $400,000 on their tax return … will be found to have more income than they reported,” the CBO said.
https://dailycaller.com/2022/08/26/agency-con...ns-audits/
White House Press Secretary Karine Jean-Pierre made an inaccurate statement (LIED) when she told reporters “No. Very clear. No.” in response to a question about whether “anyone making under $400,000” would face new audits.
The Congressional Budget Office estimates that about $4 billion in revenue over the next 10 years can be traced in part to new auditing efforts funded by the Inflation Reduction Act targeting taxpayers that report less than $400,000.
“Some taxpayers reporting income of less than $400,000 on their tax return … will be found to have more income than they reported,” the CBO said.
https://dailycaller.com/2022/08/26/agency-con...ns-audits/
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