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And folks, let tell you, Team Biden is gonna make sure there are “historic levels”! Daniel Greenfield explains
“I direct that any additional resources… shall not be used to increase the share of small businesses or households below the $400,000 threshold that are audited relative to historical levels,” Treasury Secretary Yellen wrote to IRS Commissioner Charles Rettig.
That directive has been used by media “fact checkers” to deny that the massive increase in IRS personnel under Biden’s Inflation Increase Act will also increase audits of the middle class.
Yellen’s statement initially seems reassuring until you look closely at its curious language.
Treasury Department spokeswoman Julia Krieger used the same phrasing when claiming that “audit rates relative to historical norms for people earning under $400,000 each year” would not increase.
Go read it ALL! The rates lately, have been lower than rates were at one time. Ah, historic rates?, Ahhhhhhh, sooooooo
