Congressional Democrats last year showered the IRS with $80 billion in new funding in an effort to close an estimated $600 billion "tax gap," the difference between income taxes actually owed and those actually collected. This was supposed to help pay for the Biden administration s ongoing spendapalooza that has run the national debt to more than $30 trillion.
The Republican-led House of Representatives will soon vote on legislation to abolish the IRS and replace the income tax code with a national sales tax.
The IRS focuses its audits on the poor and middle class. That is a fact.
Despite $80 billion in new funding, the IRS is living up to its reputation of hassling low-income taxpayers over rich people.h.