The IRS received $80 billion to target millionaire and billionaire tax dodgers but instead focused on middle-class earners. Despite promises not to increase audits for small businesses and households earning under $400,000, the IRS did exactly that.
Key Points
IRS received $80 billion to hire new workers and target wealthy tax dodgers
Reports show majority of audits targeted taxpayers earning less than $200,000
IRS failed to meet hiring goals, with only 34 agents hired out of 3,700 target
Pros
Increased funding for IRS to target tax evaders
Cons
Focus shifted towards auditing middle-class earners instead of millionaires and billionaires
Failure to meet hiring goals and strategic operating plan milestones