Fact-Checking Team Biden on Who Those 87,000 New IRS Agents Would Audit

Fact-Checking Team Biden on Who Those 87,000 New IRS Agents Would Audit
City by Paulius Dragunas is licensed under unsplash.com
The Biden administration has promised not to raise taxes on anyone making under $400,000 a year. And despite estimates from official congressional scorekeepers that the Schumer-Manchin-Biden tax increase indeed would raise taxes on those Americans, the administration has doubled down on the claim as a final vote nears on Democrats’ bill.

Treasury Secretary Janet Yellen sent a letter Wednesday to IRS Commissioner Charles P. Rettig that includes this statement:

Specifically, I direct that any additional resources—including any new personnel or auditors that are hired—shall not be used to increase the share of small business or households below the $400,000 threshold that are audited relative to historical levels.

Yellen’s directive follows Rettig’s Aug. 4 letter to U.S. senators declaring the same objective:  
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