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Republicans hope to compensate Americans who earn less than $400,000 and who have been ‘improperly’ checked
Republicans Introduce Bill To Compensate Americans Earning Less Than $400,000 Who Are ‘improperly Checked’ As IRS Hires 87,000 New Workers
- Kansas Senator Roger Marshall introduced two laws on Wednesday to curb the IRS’s overreach
- Democrats’ Inflation Reduction Act Could Double IRS Staff to Check U.S. Taxpayers at a Higher Rate
- One bill would reimburse costs to Americans who are audited incorrectly and who earn less than $400,000 and have no crime related to the audit
- The other would demand that the IRS sell its stockpile of firearms ammunition, probably worth $700,000
Two new Republican bills introduced Wednesday aim to prevent the IRS from “nicking and diming” Americans with overstepping checks after the Inflation Reduction Act added 87,000 agents to the agency to monitor the assessments it conducts on U.S. taxpayers. increase.
The Preventing Frivolous Actions by IRS Agents Act, introduced by Kansas Senator Roger Marshall, would compensate Americans earning less than $400,000 for the costs associated with the litigation of their case if they are unfairly affected by a failed audit.
Marshall’s second bill requires the IRS to sell his stockpile of firearms ammunition, which has an estimated value of $700,000.
Both bills are a reactionary move after President Joe Biden signed the Inflation Reduction Act, which includes $80 million for the IRS over a 10-year period and half of which is intended to help the agency crack down on tax evasion.
The funds will allow the IRS to hire 87,000 new agents, more than doubling its current workforce.
Senator Roger Marshall of Kansas on Wednesday introduced two laws to curb the IRS overrun as the Democrats’ Inflation Reduction Act seeks to double the agency’s workforce to audit U.S. taxpayers at a higher rate.
“My legislation will hold the IRS accountable and force them to foot the bill for harassing US taxpayers with frivolous audits and threatening ammunition,” he added.
The Kansas Republican claimed that the increase in the IRS’s workforce is a way for Democrats to “shake” Americans, while also facing record high inflation and gas prices.
The IRA passed Congress in both chambers along party lines, with Vice President Kamala Harris casting the decisive vote in the Senate this summer.
While Democrats applauded the measure as a way to address climate, health and tax issues, Republicans immediately disapproved of it as another massive funding bill leading to overreach for the government and an aggressive expansion of the IRS.
The left also praised the proliferation of IRS personnel and audits as a way to hold wealthy Americans accountable for paying their fair share to the government in tax season.
The Preventing Frivolous Actions by IRS Agents Act would pay taxpayers after the decision of their case if found to have been falsely affected by an IRS audit, earn less than $400,000, and “have not been convicted of any crime related to the audit” .
If the bill is approved, the fees may include auditing fees if the individual is not tried but held criminally liable, but if tried and found not guilty, the fee may include attorneys’ fees.
One bill would reimburse those who are improperly audited and make less than $400,000 and the other requires a sale of the IRS firearms ammunition stock, which is estimated to be worth $700,000
The bill is unlikely to gain any traction with Democrats still controlling the House and Senate.
“November can’t come soon enough,” Marshall said as Republicans compete for control of both chambers in the 2022 midterm elections.
Marshall’s second bill would require the General Services Administration to sell all ammunition purchased or stocked by the IRS or for agency use within 90 days of enactment. This has an estimated value of $700,000.