House Republicans have passed legislation trying to block new IRS funding. The proposal has little chance of passing the Senate.
January 9, 2023, 10:05 PMAl Drago/Bloomberg via Getty Images, FILE
, which is intended to dramatically increase the IRS' enforcement abilities -- and, Democrats and the government say, target wealthy tax cheats.
The IRS has said it plans over the next decade to use the roughly $80 billion from the IRA to update its antiquated technology systems, after years of under-funding by Congress, and hire and train new information technology specialists and customer service representatives as well as new agents, only a small fraction of whom -- in the Criminal Investigation division -- are armed.that $80 billion would fund just under 87,000 new employees, but not all of those would be new agents.
Democrats and the Biden administration have said they plan to use the new IRS enforcement capability to help close the yawning tax gap, which is the amount the IRS is paid by taxpayers versus the actual amount that is owed. That shortfall is estimated to be roughly $310 billion, according to a recent IRS analysis released to the Joint Committee on Taxation.
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