Senior Research Fellow, Grover M. Hermann Center
Rachel researches and analyzes taxes, Social Security, disability insurance, and pensions to promote economic growth.
Despite the Biden administration’s claims, it’s almost certain that households making less than $400,000 a year would face increased audits under Democrats’ bill.
And that seems to be the true intent of the IRS.
Instead of increasing taxpayer audits, policymakers should simplify taxes across the board.