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

by: Rachel Greszler
2022-08-12
Source: The Daily Signal
08/12/2022

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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