(Washington, DC) — U-S Senator Chuck Grassley says a bill that includes 80-billion dollars to pay for the hiring of 87-thousand I-R-S agents over the next decade is an example of overreach.
The Iowa Republican says he thinks the federal tax collection agency will use the added manpower to go after the middle class and small business people. Grassley says that’s because the wealthy and corporations are already being targeted. Treasury Secretary Janet Yellin says audit rates won’t be increased for taxpayers with a yearly income of under 400-thousand dollars but Grassley says he’s not buying it.
President Biden signed the bill today Tuesday.