The Colorado Springs Gazette final

Is it really plausible?

According to the Biden administration, only households with incomes of over $400,000 will have their income tax returns face addition scrutiny by the 87,000 IRS agents being hired under the Inflation Reduction Act.

In 2022, according to the IRS, there were approximately 2.7 million households with incomes over $400,000. That would mean that each of the newly hired 87,000 IRS agents would annually only need to review 31 tax returns, thereby allowing each agent six days to review each of these tax returns.

Is it really plausible to believe the additional 87,000 IRS agents will only be reviewing the tax returns of households with incomes over $400,000?

Daniel Bradley

Monument

OP/ED

en-us

2022-08-14T07:00:00.0000000Z

2022-08-14T07:00:00.0000000Z

https://daily.gazette.com/article/282437057904332

The Gazette, Colorado Springs