Democrats Didn’t Read Fine Print—and Left IRS Billions in the Red

Andrea Tobias

Democrats forgot to read the fine print on a bill and spoon-fed a huge victory to Republicans who want to kill the IRS. The Wall Street Journal is reporting that the IRS’s tax enforcement fund, which allowed the IRS to better audit corporations and the wealthiest households, is now $20 billion in the red—leaving the fund’s future up in the air. In 2022, when Democrats had a trifecta hold over the government, they put $80 billion toward the IRS, which was supposed to help the agency hire,

Democrats Didn’t Read Fine Print—and Left IRS Billions in the Red https://newrepublic.com/ - 27.11.2024 19:05

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Democrats Didn’t Read Fine Print—and Left IRS Billions in the Red https://newrepublic.com/ - 27.11.2024 19:05