Geller Report
On Wednesday, Syracuse University’s Transactional Records Access Clearinghouse (TRAC) released data provided to it by the Internal Revenue Service (IRS) on audits performed by the agency in fiscal year 2022. Despite the infusion of new funding earmarked for the IRS via last year’s Inflation Reduction Act, the agency continued historic trends of hassling primarily low-income taxpayers, with relatively few millionaires and billionaires getting caught up in the audit sweep.
“The taxpayer class with unbelievably high audit rates—five and a half times virtually everyone else—were low-income wage-earners taking the earned income tax credit,” reported TRAC, noting that the poorest taxpayers are “easy marks in an era when IRS increasingly relies upon correspondence audits yet doesn’t have the resources to assist taxpayers or answer their questions.” Taxing
The IRS has been weaponized to go after the middle class, not the ruling class.
Well sure…low and middle income wage earners can’t afford high powered tax attorneys.
Because the IRS acts as its own court, it should have court-appointed attys available to all taxpayers involved in any dispute with them. And a system similar to courts which allows for dismissal on incompetent or willfully biased representation.
AA: I was thinking the same thing.
If they can just print money, why in hell am I paying taxes?